Below you will find the chart with log scale so you can see both whales in one frame.
By using the curve tool to form support and resistance lines we can see what I call the "Whale Fractal".
It is basically a fractal from the past which played out in the last correction in 2014.
How Does the "Whale Fractal" work:
The base of it all is that markets move in...
I ask myself how can the price can go down when everybody thinks it will go down.
Because basically this would mean everybody would be right and this is not possible.
Nevertheless, I also believe that there is not much room left for the S&P 500 based on TA.
How much Time is left?
If we grow at our current rate I expect the market to sustain for less then a...
In my opinion we just finished the 1 wave of the next bullish move.
In the shortterm I expect XLM to retrace a little before we launch again.
Therefore, I advice you not to buy in right now but wait for a retracement and then buy back in.
We broke out of the major falling wedge.
This wedge hold true since the beginning of the correction.
I think we will bounce of the $140 lvl and revisit the breakout lvl of the falling wedge.
At around $140 there is a huge resistance and it is typically the case that when you break out of a wedge that the price will retest the breakout price.
As you can see I...
For all of you that like to take a look at the big picture of things, this is what I see.
We could be at the end of a big ABCDE correction.
We broke through the falling wedge froming the potential 1 wave.
I expect the price to go back down to the breakout level (see sub EW count below).
For me that is the point where I want to accumulate.
For the sine wave we...
So this is a very good example of how the market is always a sine wave.
As you can see this sine wave just resembles the FREQUENCY of when Pumps / Corrections happen.
It says nothing about the intensity of the impulse move or the correction.
So how can you use this information?
Well you now know the frequence in which BTC swings.
This is huge and super...
If you want to trade with the percentages on your side then you should not buy right now!
Because I see a big head and shoulders formation forming.
And if this pattern plays out we will fall for a while and you will be able to get your BTC much cheaper.
But even if the pattern doesn't play out it would not be a good idea to buy right now (at least if you...
Like in my last post about Dogecoin, I found a very nice sine wave pattern in this coin.
The difference is that there is A LOT OF PRESSURE, which indicates impulsive moves (possible in both directions).
The price could retrace 100% to the 1 Fib level before we start going up again.
You can get this coin for very cheap right now, however I think we can get it...
As always, I like to take a look at the BIG PICTURE.
And for Dogecoin I see a fairly reliable sine wave.
We only skipped one wave at number 5.
Right now, we are at a critical support area, where it decides whether we skip the next sine wave or not.
We could see a basically 100% retracement like we did in the correction of wave 6.
I think O2 is more likely...
***Please write in the comments if you see the chart correctly. I wanted to post this yesterday already but when I posted it I could see the chart. So I don't know if it is just on my end or if you also don't see the chart. In case you also don't see the chart I posted it as a snapshot below.***
Ok so first of all I am trying to make this...
We are currently in the lucky position that basically every coin is at a huge discount.
Same goes for XLMBTC if you are in for the long run with the HUGE gains, then here you go.
It is the perfect time for you to look for an entry right now.
(This doesn't only count for XLMBTC, but for all of the coins)
Remember not to go all in all at once!
LTC is in a similiar spot as ETHUSD (on which I already made a post)
LTC is testing a major support right now.
And therefore it is deciding wether or not the correction has finished or not.
Either way we are not far away from the next Bullrun.
As I already stated in my "How To Trade ETH" post, I would advice you not to go all in at once but avergaging in on...
This is just a quick follow up idea on my "How To Trade BNB" post.
But this one is for BNBETH.
I know I used a lot of Fibs in this analysis, but they worked very well in the past for this pair.
We are in a very strong uptrend/channel right now.
Using the Fibs you can easily see an ascending triangle formation (same idea as in the main post).
We are currently in a big ascendig triangle formation (green line + 0.5 Fib/white line)
Option 1 (O1/red):
So first of all lets talk about the less likely option that thing can play out.
If we break through the green line we can fall all the way to the 0.618 Fib, where I definitely expect a bounce of this Fib.
We bounced many times of this support, meaning it...