This will be my last chart comparing the 2016-2017 bull market to the present day (for now). My next analysis will probably be a video, since I've laid out my charts to my liking : ) If you've been reading my recent extensive posts on the crypto market, you'll know that I'm starting to compare current market conditions with what happened specifically in June, 2016...
Market update with a bit of philosophical rambling at the end. Hope you enjoy! This is not financial advice - just what I'm seeing in the market currently. These are purely my opinions and should only be used for educational purposes. -Victor Cobra
In this video, I explain how I've divided up the previous crypto market cycle, and how I'm comparing it with the current situation. Using this method, I'm making an attempt to predict (speculate) on what's going to happen with Bitcoin and altcoins over the next several months. This is not financial advice. This is just my way of analyzing the market, and it...
This analysis is about how we'll know when a new all-time high is probably close, and likewise how we'll know when we may finally see some sustained alt rallies. Since my last Bitcoin chart, we dropped from $13700 all the way to $9700, which is roughly a 40% correction. I actually gave a strong probability of a violent pullback before at least an attempt to break...
Not many words needed here. A bit of a controversial post, but I'd like people to comment. Interested to hear people's perspectives. This is not financial advice - pure opinion and speculation. -Victor Cobra
This is both an update on what I'm seeing in the market and an educational video. Hope you enjoy! Thanks for all your support : ) This is not financial advice. This is for educational purposes only. Coins covered: BTC, ETH, NEO, XLM, and BAT. -Victor Cobra
Hey! Just wanted to make a quick video update since I haven't had time to post anything the last couple of days. Hope you enjoy! This video is not financial advice. It is purely my opinion and thoughts based on what I'm seeing. It should be used for educational and speculative purposes only. Didn't cover as much in this one as in previous videos but didn't...
Here it goes, one of my first ever legitimate short setups for Bitcoin. I called this "selling into greed" because my original bottom fishing post was called "buying into fear." That analysis is linked at bottom. Right now, I think the downside risk has increased substantially. The volume on this current move is extremely high. Large players need this sort of...
Just a quick chart. I'm not going to write a long analysis here. This is to show that altcoins have still not begun a parabolic run. They are continuing to stagnate at the uptrend channel resistance, despite moving slowly up in USD value. This is in line with what I wrote about recently in this analysis: Also in this post, comparing NEO's Bitcoin ratio with...
Alright! After weeks of talking about this long term bullish channel and speculating about an eventual test of the top of said channel, Bitcoin has finally done so. This area is confirmed as a supply zone, based on the enormous spike in volume as we got rejected twice from that area. Whether or not Bitcoin can break above the channel resistance to the upside will...
Good afternoon folks! After calling the top on the Bitcoin ratio for Binance Coin (BNB), I suggested a large bounce could occur in the wake of the Binance hack news. That played out nicely, but BNB failed to reach past 45000. In my recent video, I talked about how I think BNB is reaching a "last chance" bounce zone. This is because it has JUST wicked off the long...
Ahhh, one of my better purchases from the crypto market bottom. It's also been one of my better calls to date. I'm pleasantly surprised. Bitcoin pairing aside (failed miserably on that one with the fakeout above 2400), I pretty accurately plotted out the USD moves for NEO since it hit below $6 in the trenches of the bear market. I even suggested it could hit those...
Another comprehensive analysis on the crypto market, with a special emphasis on altcoins. Covered in this video are: VET, ETH, BAT, NEO, ONT, BNB, LTC, XLM, and BTC. It's a lot. For those that don't feel like watching the whole thing: Basically, it appears that established altcoins are starting to make new 2019 USD highs one by one. It started with...
The purple line is the projected path I drew for ETH when I compared it with post dotcom bubble AMZN stock. It's currently still following it. This means if Ethereum is going to continue following the fractal, it should head up to $500-600 in the not so distant future. Obviously, my view will change if it starts to deviate substantially from this path. Here is my...
NOBODY KNOWS.....except me. Just kidding. Hey guys! I've been away for the last several days, so haven't gotten a chance to update anything on here. There's a lot going on in my life outside of TradingView. I wanted to post a follow-up to my last video, where I talked about ETH potentially heading up towards $300 and NEO becoming an altcoin market leader. This...
Quick update on VET. My bullish idea still stands. If the bull market is beginning (hard to ignore that this might be a possibility, for those still on the sidelines), given the strength of the VeChain, as well as its comparable token supply to XRP, I think we could see a really massive move for this coin. This means new highs are even possible. I know I'm being...
BAT is one of the cryptocurrencies I've been covering over the last several months. It's also one of the coins I've successfully traded. One of my best calls to date is timing the breakout perfectly from 3700 all the way towards 10000. I don't trade too often (I mostly just enjoy analyzing the market because it's so interesting), but if you've been following me,...
Hey guys, just a quick setup on XRPUSD. Broke out of the falling wedge. Could backtest first (a lot of alts have enjoyed doing this recently). That means $0.38 is also possible, so if you're entering now, perhaps a stop loss below $0.40 to re-enter at $0.37-38 is a wise move. Otherwise, if it continues to move up and follow Bitcoin, we could see $0.43 and then...