Looking at XRPBTC in the daily timeframe it is under pressure from the MA and I think it will produce a spike to higher levels before eventually resume it's downtrend !
I have been watching ZECBTC closely waiting for it to finish it's wave 4 heading to it's 5 wave that would also match an outer weekly 3 wave. The question now is with BTCUSD on a bearish market for at least 16 days, will ZEC run on it's own or just engolf and follow BTC like the other alts ? This paradox for this long period on crypto, chances are one of the two...
BTCUSD got out of control even for a log scale, as a result this spike is correcting now. I saw some people buying for the long term, looking at the big picture and that's ok, considering the log behavior and anti-deflationary feature of BTC. So what comes to mind is how long to hold until things pickup again. So with a channel back to what some one might consider...
XLM/STR Stellar is finishing it's 4th wave and heading to it's 5th wave at any moment from now on. Not so bad !
BTS is looking set to a return of 480% to its ATH, on its path the first target could start anytime from now on as the inner wave 4 is basically finished and 113% in 7 days is not that bad at all.
I gave Cardano another shot, thinking positively ! It has consolidated from it's 1st wave without losing too much and looks like it's 2nd wave is near finish and going to a 3th wave that can have a magnitude even greater than the 1st. With this big picture in mind the first target is a very good +170% run against BTC
Short ideas on BTC are very unpopular but after a lot of shorting since 20K it is now "safe" to show some bear perspective. The market works like a chess game, you need to think not only your side as a bull but also the other side as bear. It's clear for me market has changed in 2018, low volumes, taxes, money changing hands, people leaving and Chart analysis...
Bears put a lot of pressure, and still early to say, but it took more time and have a lower swing than the previous attempt and it may go to a head & shoulders or just the start of the 5th bull wave.
This is a continuation of a previous idea return to mean, and long time has passed with market locked waiting for futures expiry. Time has come for big runs. There's a least two paths to 8K on bears favor and for bulls just an eventual return to the mean on the daily chart and the mean is not on 15K anymore. BTC just touched and eventual support and there is...
I have abused it a lot for shorting, for a while I was thinking on how low it is going on it's C correction wave. What about if it is in fact ready to roll on it's major 5th wave. Let's just look at how it was on the past it's 5th wave: 811% insane rocketing !! What about repeating this ? 483% from where it stands today. What about a bit of non AT ? What is BTS...
After a very long almost flat consolidation, NEO is back, our trigger is on green dash line with target on red line, expect some traps on trigger line, wait some bar, check volumes before entering. Also it is good to setup a trailing stop just in case things go wrong.
XRP looking still weak and got rejected so far to join a bull trend, so the plan was to continue shorting it. I am publishing this idea right now but I am not IN yet on shorting position, may join any moment as the market is now full of very good opportunities
I have this sentiment BCH will somehow manage to go the 0.11 levels. I don't know why, how, but it feels harmonic, BCH pattern on inner timeframes are always misleading and erratic and this one looks ok for me. This is just an idea, it is not a signal, I am not shorting, there is no trade here, just... an idea
XRP suffered like hell, hated by many, but it just looks like it finished ABCDE correction, this is a plot of what is possible in the near future. This time we are already IN, as we got stoped by our trailing stop shorting it, on another idea; we just reversed the position to LONG ! We expected lot of resistence on the 0.236 Fibo with traps and all of today market...