astoinis

astoinis

possible 5 wave structure with subsequent ABC correction. for educational purposes. not trading advice clearer on the monthly chart that we are in over bought territory

astoinis

XVGBTC reconsolidation before break out. potential for an IHS reversal and break out of symmetrical triangles

astoinis

target 1: $3.70 - 3.94 lets see how the next 2 weeks play out (some time around 4/24/2019)

astoinis

if the bullish pattern continues to play out. pathway may vary, but targets are listed as: $13.15 $21.88 this is a buy and hold at ~$3.60

astoinis

TWO SCENARIOS HIGHLIGHTED IN RED AND BLUE. THIS IS A MORE SIMPLE CHART ANALYSIS, LINK TO THE PREVIOUS ANALYSIS BELOW.

astoinis

reaching that point of bottom? the green box indicates possible Adam + Eve reversal pattern thepatternsite.com

astoinis

WAS alerted to this potential by another analyst's call - Haejin Lee i decided to chart it myself and i too see what he is saying. to xrp hodlers - beware. massive and mini H&S are clearly seen with great symmetry on the chart.

astoinis

Since BTC is probably going to dump more, as it cannot make a higher high without immediately selling off in terrific fashion -i suspect all cryptos to follow.

astoinis

FOLLOW UP TO PREVIOUS POSTS, THERE IS A POSSIBILITY OF BOTTOM HAVING ALREADY BEEN REACHED AT ~1.96 MARK FROM JUST A FEW WEEKS EARLIER. LADDER IN YOUR BUYS. ALTERNATIVE BULLISH CASE RESET

astoinis

F*ck THIS HAS TRULY RETRACED. AND A LITTLE MORE TO GO I BELIEVE. BIG PICTURE OF CORRECTION, I BELIEVE THE BEGINNING OF A NEW CYCLE IS NEAR ZOOM IN OF FIRST IMPULSE WAVE?

astoinis

CORRECTION DOWN TO ~171.00 BY MAY OF THIS YEAR? THIS IS WHAT I SEE EMERGING OVER NEXT SEVERAL MONTHS. UPDATE TO FOLLOW AS MORE IS REVEALED BY MARKET

astoinis

what i see using EW and chart pattern recognition

astoinis

WXY potential that i see playing out

astoinis

EW AND PATTERN ANALYSIS RSI ON THE DAILY IS AT 60 THE CHART BELOW ILLUSTRATES THE MAJOR SELLS THAT HAVE OCCURRED WHEN REACHING ~63

astoinis

come on GCAN, JOU-CAN DOOOOO IT. to confirm this potential: target 1: ~$0.42 target 2: ~$0.84

astoinis

INITIAL THOUGHTS: The outlined potential H&S is JUST a potential, still needs a lot more confirmation to suggest this entire pattern playing out. However, due to its meteoric rise, and extended 5th wave nature - this correction will likely be much longer and drawn out then ending now. WE need more action in price in order to confirm or eliminate this potential...

astoinis

WAS WAY TOO OPTIMISTIC BEFORE - ALTHOUGH NONE OF THE TARGETS HAVE CHANGED MUCH. STILL PROJECTING ~$270-310.00 BY END OF JANUARY

astoinis

just my observations on a potential positive movement i see in the next 2 weeks or so. 30 min in depth view ___________________________________________________________________________ with slight adjustments: