We have completed a pump all the way almost to prev ATH, now BTC will take a little rest, to reset, and this means we ABC back down to around 58-60k in my opinion, and from there we move into new ATH and price Discovery, which will be just right around the Halving.
This is my chart that I have been following for the last few weeks as BTC remain in this bullish channel. seems like we could be going for a new ATH. The Elliot waves are not so importat as much as the levels on the Fib channel
Waves for Zcash, prediction, already these waves started, so, just looking at the probability here, so far, we have been following so I wanted to post this chart. Anyway, it is clear that there was a bottom, and now we are moving on our way up nicely. Not financial advice.
Sample Elliot wave structure count of the Bitcoin Dominance. Based on this rough estimate, we do not see any kinda alt-season run till mid summer June - July, now this is clearly no prediction on time since that cannot be predicted in any way, but this is a best-guess basis on the Elliot waves drawn out with the subwaves. This would also subside with the fact...
It is very clear here that even when the rest of the altcoins dropped 2-5 % due to BTC dropping around 1-2% overnight, XRP did not move at all, and on my board, it was the only one that was remaining still green, meaning that it shows strength and it shows that there are almost no people actually selling their XRP right now. Regardless, it seems that a lot of ppl...
Not financial advice. EOS on the EUR chart has now broken out of its downward spiral after 84 Days of downward price action and goes back down for a retest of the 50 EMA and holds this as support and bounces off from it on the 12H time frames. This is extremely bullish for me, and EOS is still in a good technical accumulation zone here. Once we break out from...
Posting this for fun based on the other altcoin breakouts from the .786 fibs based on the prev ATH's. Let's see if the moves compare. Taking it to the full fib extension would be at around 5.30 USD, this is the EUR chart :) I am long ALGO and have been holding since 0.50, let's see how far it can go, the product is also fundamentally strong and the chart looks...
Nice setup on the XRP chart, we have already broken above the major 0.5 Fib, and are now looking to establish some support on the 4H here, when we do this, this will set us up to go higher, in the rectangular white box is where the major resistance is and also where the danger can happen, this is where it will be turbulent area for XRP, if we ca clear the 0.786...
Here I am trying to show 2 possible scenarios for Bitcoin on the 12 Hour time frame. It seems that we will kind of either be making the ABC correction again, and that would be invalidated if we continue with the Elliot Waves theory. It really seems like that market at this current moment is a bit undecided, all the news aside, the chart should be able to tell us...
XLM vs USD chart from Coinbase data is being rejected here already 2 times by the 0.786 FIB, indicating that for the moment we are not going higher, ideally, we want to see a very nice and clean breakout above the 786 fib line, and a nice either Daily or 12H candle close above the 0.786 fib line in order to indicate some strong incentive for a push to a new All...
As we can see GRT is almost ready for a big run towards the top here, targets are hard to pinpoint but based on the Fibs we should see a nice rise out of it, used the prev run as an indication. It is tightly consolidating now into and near the top trend line, it has already done 2 fakeouts and the 3rd one should be pushing it upwards. Trade at your own risk,...
Nice breakout for BCH, it was also grinding the absolute bottom and finally sees a rise, if you got in early this was the best for spot, and now also possible for some leverages trades.
Looks like Siacoin is ready here to go into a parabolic run for its own. its been grinding the bottom of the channel for quite some time now, and typically this ends up resulting in big parabolic runs upwards, after all the BTC.D keeps dropping and it is already Alt Season, most coins will have a run at some point or another if not all coins. Looks like a...
We are at a pivotal moment here for the total Altcoin market cap, there are 3 resis /support bands in place, if we can hold above the purple and close above today, then this indicates a stronger bullish trend. It is decision time for the altcoin market cap, if it can break the 100 on the FIB level, this would totally be a great indication for the alts to progress...
This is just my prediction of what is to come, keep an eye on the news and keep in mind, they give you the absolute worst news at the real bottom, this is not the bottom, since we are still kinda getting some good news (like tether settles) people still expect to go in and BTFD, we will most likely see more downside, until the final possible run-ups to 60-75k ish...
Not financial advice, this is my supersonic prediction for the next time, I can't define time.
Hi All, This is my simple prediction for EOS in the next 23H from the moment of posting this post, 7:15 PM UTC +2, done on the basis of simple math/averages over the bottoms and the tops of the waves of EOS. Of course, Bitcoin still plays a major role here, but overall even in the past as you can see the major downs are caused when Bitcoin dumps and this also...
Been following this for some time now, and, I think ALGO will surprise us really a lot, its been slowly and steadily building up its bases, this is to be a healthy indication, not some crazy pump and dumps with high volatility, but steady growth from the start indicates strong coin. Targets are in sight. I am a noob trader, so please, this is not financial advice,...