BTC has been in consolidation. It's broken below the trendline on the daily chart. If we close below the trendline, the next level is to break below $12,800 and close. If this happens, I expect a breakout to the downside between $8500-$9500. If we're able to break out to the upside (closing above $15-16k), then I expect at least $20k and potentially higher,...
Ripple has had a huge rally from $0.30 to $3.00+. Just like the huge rally, we need somewhat of a large correction. Head and Shoulders on the 4 hour chart above the 12,000 satoshi level. Support seems to be holding strong but if it closes below support, expect 10k satoshi. Wait for a period of consolidation along with signal to buy.
Just recently sold my position to take my profits. Wish I had taken them when TRX hit $0.30. I may be making a mistake by selling at this point but it looks to me that all altcoins are going down and BTC may be having a bull run soon. I will keep my eye on TRX along with XRP for a position to buy. At this time however, I feel we have not yet reached bottom.
I drew this pattern when it was at on B Wave Correction at 0.0031. I had a sell box there but unfortunately, I sold on the way up to the peak of 5th wave. Looks like we just got to D point on Gartley Pattern. Looking for at least a retracement of .382.
This one climbed a lot in the last three weeks. Ready to take out coinbase. Good team and I like their idea. Buy limit orders on
POWRETH has had constant growth. Good opportunity to get in on this one.
My previous idea using the elliott wave didn't work out right. After reviewing other people's ideas on TRX/ETH and TRX/BTC, it appears that the wave that I called #1 was actually #5. Based on other's ideas, it looks like we just finished correction wave ABC. Lots of negative comments throughout along with widespread rumors. Most of these altcoins are...
On the TRXETH 4HR Chart, it looks like we have the first impulse wave followed by a 61.8% retracement on our 2nd wave. Good buying opportunity now at $0.14-$0.16. The better strategy is to wait for a breakout past the $0.25 mark or 0.00025 ETH. Looking for volume at this point to push the price to our 3rd wave where I believe we'll at least hit the 1.618...
First time drawing charts. Any feedback welcomed.