If we repeat the current actions on the daily candles Bitcoin may actually be forming a falling wedge. If so, expectations are a further drop before we accumulate for a run up. Expected price range is $10,140 in the second week of February. It's common for the space to start climbing back up starting mid February as we have seen this pattern over the past few...
The market is accumulating into February, the bear market is stabilizing and soon the market will start running up again. Although the linguistic predictive algorithms of Cliff High don't expect any major run ups before March we may find our way back up to our previous ATH. What do you guys think? This seems like a clear Falling Wedge.
There is a clear reversal sign on the market, whether this is a bull trap has yet to be seen but by the amount of markets influenced I don't think so. ETH/BTC is showing a reversal trend on the MACD and just broke it's down-trend. If support is found on 0.055335 SAT ETH/BTC looks like it could go for a run up within the next 4 days. Max estimated target at...
The signs are currently showing a decent correction on $NEO and given the state of the market, breaking its first target and how steep things are going we can expect it to reach its second target at 97800 SAT within 24 hours.
ADA is showing signs on both the trendlines, Fibonacci retracement and Fibonacci time zones that it will continue to drop for at least another 4 days if it breaks the 4934 SAT trend line. Other markets show signs of a similar correction and the end of this bear market may be the end of this week but then again, the January Red Sea is know to have some overlap onto...
If we have to believe the trendlines and time fibonacci there will likely be a repeated spike in two days time, yet the market shows signs that we may still return to a bear market after the spike. Estimated buy target is 10278 SAT.
ADA has finally reached back down after its major run up last week. It seems like the market is not ready to give in just yet and shows sign of consolidation. Must ADA drop anyway its targets are as follows:
1st: 4934 SAT
2nd: 4054 SAT
3rd: 2624 SAT
Ripple has already seen it's 5th Elliot Wave and shows signs of stabilization after an expected correction. If it bounces from the 15865 SAT support line it's next targets will be 18461 SAT and 21767 SAT
RDD is in a expected freefall. Long-term signs of an uptrend are strong and should not frighten investors. Expected bounce is about on it's 3rd target of 135 SAT. After that it'll take about till the 19th of January to correct and stabilise around it's all time high of 190 SAT.
It seems we may be in for another moonshot. TRX just went into a huge reversal sign and feels like it wants another run up, since the trend-line is up heavily we may presume that it will reach about 30% above it's previous run up.
Target 01: 0.00001148
Target 02: 0.00001392
Target 03: 0.00001704
Long-term trend: up
Short-term trend: up
Target 01: 0.00008994
Target 02: 0.00012223
Trade recommendation: Risky buy
Note: Airswap seems to have had a nice surge and impressively holds the line, this may be a nice buy opportunity for the next moonshot however if it hits the below target of 0.00007202 it may find itself in a correction freefall. Bee on the watch...