ZRX has had a rough ride along the altcoin slaughter season along with countless others, but I feel the blood is about to stop. I am accumulating in the zone I have marked and am very confident we will see a rise of atleast 50% in the next 2 months. I wish you good luck trading! -Trader Demo
I have some bad news. Bitcoin has, for the first time since February 2018, closed below the Daily 200 Moving Average. This has only happened 4 other times in Bitcoin's ENTIRE price history, 3 out of those 4 times it started bear markets lasting at least 6 months, where the price stayed under the 200 MA. The outlying time, it only lasted 2 months and was seen as a...
Bitcoin may be forming an inverse H&S on the hourly. This may indicate a reversal into the 8450 , 8600 , and 8750 areas. We do also have ascending support on the two previous higher lows and the horizontal support at 8120 . If Bitcoin continues to hold these supports, we should see a break to the upside with considerable volume. Although because I am bearish...
Hello traders! Kick starting with an analysis on XAUUSD to start your day! I have labeled my full Elliot count on gold for your eyes to examine, along with fibs I have dug into this one deep. Let's get right into it. Starting with way back in 2011 when XAUUSD made its high $1,923.7, Gold closed a sharp bearish hammer leading towards a correction, no one could see...
I have been analyzing Tilray for a while now, and enjoy looking at this stock because of the beautiful pump it got in September from pure fomo and pump n dump institutions. The stock hit $300 and amazed everyone who watched the thing run up. I believe the correction from the 1380% run up has completed with a single combo wave, and we are started a new impulsive...
Ethereum has made a clear bear flag, it will correct along with Litecoin and Bitcoin down to levels it hasn't seen in a while. This is a quick analysis so you don't have to read lines being swayed, you can think what you like and leave it in the comments, always keep your own opinion and don't conform to the majorities beliefs. I wish you good luck trading! -Trader Demo
Litecoin has seen enormous growth these past few weeks and will correct along with Bitcoin. Expecting a retrace to the $40-$60 range soon. I wish you good luck trading! -Trader Demo
Bitcoin has formed an Evening Doji Star pattern which is extremely bearish, which results in a trend shift, I wouldn't be looking to long here, and I'm still looking for a bottom in the 2200-1600 range which makes sense. I wish you good luck trading! -Trader Demo
Tilray has seen a lot of bearish trends these past 7 months. Since it surged to $300 a share in September, it has seen more than a 87% decline to $38 right now, I don't think we will be here for that long and have been looking for a reversal signal, and I believe its here. We shouldn't jump in without confirmation, but if this candle stays very small I believe we...
First off, I want to start looking at fundamentals. A 7,000 Bitcoin hack - no reaction to the price, Tether lawsuit threatening the entire price of Bitcoin - a minuscule reaction. There have been thoughts as to why the Bitcoin price has gone up to the levels it has without a problem through 6k, which took more than 8 attempts to break in 2018. Many people say, 'Oh...
Bitcoin has seen a very strong and amazing recovery from its lows of 2018! Practically everyone is talking Bitcoin and things are getting into that nice sentiment again. Unfortunately I see that we have huge bearish resistance at these levels of 5800-5900, which include, Fibonacci Retracement, horizontal, and the invalidation of every bears Elliot Wave count....
Short this!!!! I can't say this enough, a large bull trap is being played out and everyone is being blinded by greed, hard greed. Now this may look a bit confusing from the picture but basically, we hit the .65-.618 fibonacci retracement on the way back up which we also did in July of 2018! Now this was a cause for concern at first, but then also i noticed the...
Short this level, with a tight stop loss. .65-.618 hit and fell, bearish divergence and elliot wave. Have a nice day! I wish you good luck trading -Trader Demo Space Peso <3
The entire market is over-priced. 2008 was just a small blip compared to what is around the corner. The largest bearish divergence in Dow Jones Industrial history, its on the monthly too! Yes, you should be scared because the $22 trillion in debt is not looking good right now. I expect a downtrend similar to the bubble of 29' in this bear market. I also believe...
AION/BTC has been very quiet for a while but it is continuing to be quiet whilst making a bold statement with its technicals! Massive Bullish Divergence , Increasing Volume , A top 100 (usually), reputable coin, down trends about to be thrashed, and an excellent community. This coin will sure be ready to blow in the upcoming weeks. Just a quick analysis. I wish...
XVG has been very quiest for the past year and is suerly ready to make a stance! Get ready for a possible pump to these highlighted targets! I wish you good luck trading! -Trader Demo <3 Space Peso
You guys know I try to bring forth things I don't see my fellow traders posting. So here it is. We can see from the chart that the .786 has a great meaning and has been used in the past. You can observe that both times the .786 has been used as a bounce pad from then forth provided stability until the final crash. I thought this was very interesting from 2014 and...
This massive trend line has pushed down the price so many times it about ready to explode. Bullish divergence and increasing volume suggest a move upwards some time this week with targets exceeding 5000! I have marked every target that we are going for, hope you catch this one! I wish you good luck trading -Trader Demo <3 SpacePeso