As the market continues to show signs of bullish behavior, every (or most) crypto asset are showing positive signs of recovery. Today we'll focus on Siacoin (which just happens to be up 12.00%) For this analysis I've chosen to look at the Elliot Wave structure and count as well as fib levels on current and past rallies. I'm also considering previous resistance...
BINANCE ENTRY PRICE: .0005840 BINANCE ENTRY SUPPORT: .0003254 BINANCE ENTRY RESISTANCE: .0003878 = (TARGET #2) ----- SECONDARY SUPPORT: .0003622 SECONDARY RESISTANCE: .0003727 = (TARGET #1) ----- CURRENT SUPPORT: .0003442 CURRENT RESISTANCE: .0003545 ---- MACD: UPTREND CHANNEL: DOWNTREND RSI: UPTREND (39.45) TARGET #1: .0003727 TARGET #2: .0003878 ABOUT...
• Current price of ETH is $797.00. • Resistance levels are lined up with fib retracement levels (both on macro and micro scales). • Ideal buy zone between $700 and $760. • Target sell #1: $1000 • Target sell #2: $1240 • Target sell #3: $1388 • MACD showing positive behavior on uptrend. As always, we recommend for every one to further expand their knowledge...
Here we are seeing a XRB (NANO - previously RaiBlocks) 15 minute chart. Both its EMA55 and MA100 are on an uptrend. The RSI just reached overbought territory (so we might be experiencing a small pullback) and we've reached a breakout point in its MACD. This could very well be the beginning of the market-wide long-term reversal we've been waiting for. As always,...
This is a work-flow experiment. The details surrounding the indicators and metrics used to arrive at my conclusions will be discussed when my targets are met. Cannabis Science, Inc. takes advantage of its unique understanding of metabolic processes to provide novel treatment approaches to a number of illnesses for which current treatments and understanding...
This is a work-flow experiment. The details surrounding the indicators and metrics used to arrive at my conclusions will be discussed if & when my targets are met. Some data factors used: trend lines, E.Waves, channels, fibs, MA, RSI etc. Novus Acquisition & Development Corp. (NDEV), through its subsidiary WCIG Insurance, provides health insurance and related...
In this chart we can see that XLM is kissing the .30 USD support price which coincides with a 61.8% FIB retracement. However, it is likely that the next FIB level of 78.6% will be tested @ .20 cents - If this price is hit, it will "more-or-less" coincide with the 240- MA. If this asset can remain above where it is now, at the crucial psychological level of .30...
In this chart we're looking at a few different things but with a positive sentiment overall. It's been a hell of a ride in the last 24 hours and we need all of the information we can get. So let's get right to it. After dipping to about $7500 early this morning, the bulls finally came out to play and we got the trend reversal we were so eager to see. (A)...
In this 40-day ICX/BTC chart, the most important thing to consider right now is (2). If this orange dotted line is broken with enough aggressiveness, it will be very hard to obtain a bullish breakout any time soon. The (3) Long Term Bullish Support has already been broken and much momentum will be needed to break past that point again and go on upwards towards the...
(1) White Line (dotted) = Current Channel Support (2) Green Line (dotted) = Current Channel Resistance (3) Yellow Line (dashed) = 61.8% FIB Retracement and Support (4) Magenta Lines (Solid) = Long Term Bullish Channel (5) Blue Arrows = Possible Movement towards (1) or (3) (6) Orange Line (dotted) = All-Time High (7) Pink Arrow (MACD) = Shows Current Direction of MACD
What we are seeing here is a very well-behaved 60-day chart for XMR/BTC as it develops on the Binance exchange. Several different things can be noticed in this Chart/TA. 1) Monero has been moving upwards (at a very consistent angle of 25 degrees) inside of a very defined channel as can be seen between the resistance line {white-dotted} and the support line...
Hi guys, Support is visible (dotted yellow line) hitting the right coordinates over time. We also see that the first wave had a retracement of 61.8%. The third wave had a retracement of 78.6%. Hard to tell what the correction will look like after the 5th wave completes the cycle. I've set up a hypothetical corrective guideline where the (A), (B) and (C) points...
IN THIS CHART, NEO IS REACHING THE END OF ITS CURRENT RALLY (ALSO KNOWN AS INTERMEDIATE WAVE). ELLIOT WAVE THEORY RULES STATE THAT INITIAL DRIVING WAVES ARE CALLED IMPULSES AND COME IN 5-POINT SEGMENTS WHEREAS, CORRECTION WAVES COME IN THREES AND ARE ALSO FRACTAL IN NATURE. OUR CHANNEL SUPPORT IS VISIBLY HIT ON DECEMBER 16TH, 26TH AND IT IS CONFIRMED OR VALIDATED...
Bullish Symmetrical Horizontal Corrective Wave Triangle Current "minute (days)" Elliot Wave Cycle (in green ellipses) will find resistance at .00005525 before entering a Corrective ABC Elliot Wave, that could potentially retrace to .00004510 before the final impulse wave begins on the intermediate wave cycle. Based on the bullish nature of the Symmetrical...
AS YOU CAN SEE BACK IN DECEMBER 2017 WE SAW A TRIANGLE FORMATION COME TO A CLOSE AND THEN A BREAKOUT OF +650% INCREASE IN PRICE AT A VERY HEALTHY ANGLE OF 75 DEGREES. WE ARE SEEING A VERY SIMILAR PATTERN NOW. IN FACT, ALMOST IDENTICAL. CURRENT TRIANGLE CYCLE IS ABOUT TO CLOSE/COMPLETE AND INCREASE IN PRICE OF ABOUT +650% SHOULD BE EXPECTED AT THE SAME 75 DEGREE...
THERE’S A PATTERN PRESENTING ITSELF EVERY TIME THE EW CYCLE HAS BEEN COMPLETED. WE SEE SIDEWAYS MOVEMENT ALONG THE 38.2% FIB LINE. THAT IN TURN BECOMES ITS SUPPORT, WHICH IS TESTED 3, POSSIBLY 4 TIMES BEFORE BREAKING OUT TOWARDS THE HISTORIC CHANNEL RESISTANCE (MAGENTA) I STRONGLY BELIEVE IT WILL FIND NEW RESISTANCE AT OR BETWEEN .00110 AND .00115. AND NEW...