We all want to determine start and finish of the cycles, bullruns, bear markets, etc. I can say this is a quite objective approach and a very likely follow up for Ethereum, especially with the steadiness.. quite comparable to BTS, which made an example already of a more bullish scenario. We have to see the outcome of BTC of-course, but in time which is a very...
Based on previous performances, Dash was the first top 10 coin to lead the pack and steadily building up thrust. Will this be a repetition or will we have to wait it out.
I really love this coin. This should actually be BTC or BNB... Ontology probably still the most reliable coin and following the rules of TA and not BTC. The only problem might be the higher influence of BTC whilst growing and gaining several random investors and wiping out the hardcore. We'll have to wait for BTC's move again. This is a possible midterm target....
Pick your choice. Just based on previous actions, we could be nearing a last upwards phase, though it is just an assumption.
As most people are bearish on bitcoin, I am quite sure it will go up from here, or at least around the 8000 usd level. If we can see previous indicators, it all points to a consolidation where most topcoins are literally obliged to make some action, and more probably to the upside. The falling wedge is not yet invalidated, as a bounce of the pennant is still...
I make another post about BTC, as there might be more interests waiting around the corner. As usual we all will be waiting what move the Wall Street giant will take, but personally I think we might already overreact with the first move BTC makes, with or without any influence of Goldman Sachs. Probably they know that this is a very stressful moment for everyone,...
As most people have doubts about the cryptoworld, I must confess if I wasn't already in, I would certainly go very long from here... Very clear pennant formations, a strong support zone we've reached... low volume... only timing is the art... Creating clear patterns with low volume? This chart reminds of the 'GDXJ', the Junior Goldminers... a very similar...
This is a hypothetical analysis when a bull-trend occurs, but there are clear repeating patterns on a larger scale. Time of-course is the most difficult factor.
Quite sure this should be a reversal point, but there are still some resistances to overcome. The alts are all bullish, especially EOS. Made my correctional count a little fast, but that's the only strange thing, as it is a perfect abcde correction which doesn't play out that much in crypto on the shortterm, or it could not be finished yet, and we could be in a B wave...
It looks like we can seperate 2 wave counts, which means a larger 3th wave should be forming right now. It could also take less time for this correction as the coin has gained more status and attention, and clearly more market share. This could be a short, but as I said, I am not sure how the correction will develop... last correction had a 50% retrace, so,...
Very difficult to see any bullish set up, but I post a stop for the correction anyway. Curious how it will develop. Patterns are quite unclear, and the top was a mess. Perhaps me too I became too impatient and we all want this to go up, but we just have to wait things out I guess. Probably the most important factor, if news related, will be Tuesday 'Goldman...
BTC looks going sideways, but is making momentum to get buyers on board and get through important resistances... at least the white dotted neckline to complete the inverted H & S. A typical pattern is returning on a larger scale. Check my previous update which is still exactly on track.
I have been waiting a few week again to get a super position to get into gold with high leverage. I believe there could be a lower subwave 5 of this last correction (hopefully) to go long with high risk. But my short positions will be still primordial. I will be going in with short stop losses of-course, but you gotta be ready when the first moonshot plays...
While many alts including bitcoin are forming a inverted h & s, we should be able to complete the way up with the retracement made from the neckline to the head. There's of-course a danger of a double top forming. Let's see and wait it out
Again, we have 2 major trendlines (yellow and red) heading for a crossing point, which again will force an important move up or down... On a larger scale we are still bullish, if we can interprete the inverted head and shoulders correctly. On a smaller scale as my chart presentation, we are 50/50... I made already a risky call before, but this one I am long as...
BTC looking extremely bullish to me... can be wrong or can be right.. let's see
I like the steadiness of this coin and the easiness to analayse it, but we never know what will happen of-course... It has very less reaction on BTC's movements, which I like a lot. But we are only clear if it breaks out of the ascending trendline... Until then, I think this coin must take a break...
Just offere the multiple outcomes. The head and shoulders should play out this time, if volume invites the bulls rather than the bears.. but at the moment like I said.. it looks kinda bearish. Hope BTC will stay in the pennant and continue a slow upwards movement. But.. remarkable fact.. Alts keep support better than BTC react more individually... Although if BTC...