avisajdibanks

avisajdibanks

In my opinion, we can see an Elliot Wave Pattern in the BTC chart. While after the 1st wave a correction to the 0.5 fib line is typical ( called wave 2), usually wave 4 is a correction to the 0.382 fib predicted by Elliot Wave theory. If the FUD is really strong i could also imagine a retracement to the 0.5 fib again. So i think we will see wave 5 once BTC hits...

avisajdibanks

I am extremely bullish on OMG, we gonna see a breakout soon. It just broke out of the triangle, broke the MA 144, and the Fib line. I think we will see wave number 3 coming very soon. If we don't break out of the resistance area now, i can see it coming down again to the Fib line around 0.0016000, but go up after a bounce from there. Can't call a target yet,...

avisajdibanks Updated 

I don´t know how the hype will influence the TA, but i see it correcting pretty hard. I am not sure though if it will stop correcting at the 0.618 fib or going all the way to 0.786. Also BTC is on rampage and nobody knows how high it´ll go. Will affect alt-coin prices. Take care with entering a coin that has already pumped!

avisajdibanks

ETH is forming a bullish pennant, it will either way break the triangle through with first try or come back once more. Either way i think that next big resistance will be 0.9, psychological and long term downtrend line as well. GOAL: 0.9 STOP: 0.8 (0.79 for some tolerance)