Very tricky one, looks like there is nowhere to go but rocketing up
Pumping all the way during crash ! Target on chart !
ETH may loose a bit on breaking down the 0.5 Fib and going to the 1.0 one
I took the time to review every crash avaliable on TD with bitstamp exchange, since march 2015 on 4H, with the same methodology on each one: Apply the circle fib on all extension of crash with the 1.618 level; Apply standard Fibonacci to read the rebound; Check position of inner 0.236 fib circle in relation to the center of the crash; Check if crash is...
I have zoomed out several times trying to figure out BTCUSD market, after trying to find answers on the past I finally decided to see the very BIG picture. So the first thing I spotted was a possible very BIG 5 waves formation and we are still beginning wave 4 with more 2 crashes to go in 2018 to have a complete ABCDE correction and finally start the all might...
With very few alts performing better them BTCUSD +10% is not that bad. Very tricky sideway for a long time, could eventually break up here.
With BTCUSD set on a triangle and nobody could tell where it will go, some minor alts has some hints for a 2 day period, this one +9%
Very very trick one, but found some harmonic for a bullish view, targets on Fibo levels on chart.
This is very much experimental analysis, have put very into it, trade is already in. I'm experimenting with Fibonacci Circles applied with a similar technique I am already using for classical Fibonacci and sometimes it picks very much interesting points. BCH is moving relatively wide swings with huge gains which makes it very good for swing trading / scalping....
LTCBTC looks only suitable for analysis on the daily timeframe. It just break out and paused at 0.5 Fibo, still not clear it can go directly to the 0.786 Fibo or take some 44 days for it.
BTS is challenging me so far loosing 1x3 and this is turning interesting because BTS is so instable you can gain a really lot and loose little when using short stop losses. Market is running good for the BULLs and I expect it to go good at least to BTCUSD 9,4K (bitfinex) and some alts are picking up and I get back to BTS where it features sky rocketing properties...
Today I revisited BTCUSD on the daily timeframe and saw new interesting points which looking directly on 4H are hard to spot. Because the daily timeframe is not so good looking like 4H I reviewed the analysis and at the end change it to 4H for a better view, so it is basically a multi timeframe analysis of D and 4H merged with a new low point of 5,8K.
Ripple has risen and fallen on the recent past and if history teach you anything... I have ported almost the same analysis from the past using the same timing and almost same levels, the D point on the past was good looking and harmonic while on the present it looks unfinished or just very different. So that's 60 days of fall during 60 days, 1% per day. The risk...
Charting BTS on the bull side has been challenging and I am employing a new technique by retrofiting BTCUSD analysis back here and hope this improve everything. This time I am going to catch the 5th wave here if there is one, based on the fact BTS has not touched the MA on 3H timeframe from the downside and there is some sign BTCUSD might go LONG on the next 2 days.
BTS got a might engolf like most altcoins when it was about to start a 5th wave, looks like with BTCUSD rebound it is going to fix everything or almost. This setup starts on the green dash line, after crossing it and stable above it, make another look into BTCUSD if it is still going up too I am going to enter with a trailing stop, which means if it reverts our...