We got targets, color coded for your pleasure.
resistance is at NT=19.36
our high probability targets are
With our most ambitious target for this move at
Don't confuse target E with point E of wave CDE.
You would do well to compare projected targets with previous highs/lows which may strengthen or weaken...
This is similar to most of my other posts. We have breached B, meaning the targets listed are in play. We are approaching NT, our first projected resistance level.
It should also be noted we are near a recent ichi number. Refer to my long term post linked to see the other ones.
The wave we traced is defined as
Therefore, our targets if Au makes a new all time high are:
with a projected resistance at:
You can see we are well above the projected resistance, now gold only needs to continue its climb and make a new all time high in order for these targets to be in play. I will make a...
Here is the beautiful white metal. It looks like it wants to be erect now. It must get past its previous high which is also projected resistance. If this occurs, it will run.
We will see.
Why do I expect an impulse around this time?
Time theory says to be on the look out this week
Many remain overwhelmingly pessimistic about bitcoin and the market in general. I can't say that I am ecstatic about it myself but I am still looking for signs of hope in a deep and murky ocean of blood.
We trace the following wave, ABC, and it provides us with ichimoku values N E V and NT shown above. We can see that the price is struggling with NT, a level of...
Tracing this wave, these are the projections we get. This shouldn't happen any time soon, and it is only in effect if price passes its previous all time high. The first leg of the wave is the bubble swelling, quickly, this is obviously an impulsive movement. It is followed by a slow bleedout, small pushes in either direction with the total sum being negative. This...
BTC has been in a downtrend. Boohoo.
We've traced the bearish wave A-B-C and the following ichimoku values were given.
N, V, and E are some bearish targets. These are only in play if bitcoin breaches 5755.
NT represents a sort of resistance that needs to be broken in order to avoid catastrophe. Unfortunately it has already been...
We've been seeing some strength. Here are our targets for our beloved IOST.
The horizontal red line represents resistance that must be broken.
The blue line marking our last significant high at 845 must be breached in order to confirm these price targets.
Keep in mind that the horizontal lines can act as resistances and supports during our trade. Good luck.
IOST has been showing some volatility. Let us try to make some extra profit from our IOST stacks.
A closer view of the action.
I have traced out 3 waves and marked their potential targets in their respective colors. If the upper limits of the orange wave are broken, the orange targets are active. The most ambitious orange...
Loving that IOST.
This is my general feeling towards iost for the immediate future.
The price action shows strength on the bull's side. I'm pretty sure we can all see that the general trend is up, so a long term hold will surely win. However, if one wants to flip a bit of their iost for profit...
Here are some projections for our dearly beloved iost.
You know the drill. ETH is showing some compelling price action. E target is putting eth above 1k. 900s is to be expected. These targets are already confirmed and we are flirting with NT as we speak. However we are not out of the danger zone quite yet.
Hold on to your loins. ETH is in for an exciting ride.
Trade setup is as usual. Check the targets on the chart.
Above. We have experienced an impulse. It has driven LTC above 1hr kumo supports. The t-k lines are breaking bull and both heading upwards. Chikou span struggling with the kumo barrier it is in.
Above. The impulse has pushed the...
You know the drill. We have our targets and things are looking good. I don't usually make my EOS trades public but those of you who keep in personal contact with me know that I enjoy trading it.
Best of luck.
Those of you that keep in personal contact with me see me do TA on coins like LTC, EOS. I don't make these public usually for a few different reasons.
Today I give you guys a late LTC call. Plenty chance to hop in on a drawdown if you are looking for an entry. This is a V wave, but it can easily pass our V target. Be prepared for either scenario.