A 2.5 year consolidation is lengthy The longer the consolidation The more violent the expansion Targeting .25 conservatively and .70 on the long shot. Playing long game here. .25 is 100x current pricing and would equate to a #klv market cap around 2 Billion. That would take market wide expansion and bull run but very feasible if conditions allow
Klv $klv may have put in a 1-2 count off of bottom My assumption here is loosely based on a lower sub count of standing 1st wave diagonal and truncated 5th with an abc retrace into golden ratio Uncertainty in the world brings uncertainty to markets If markets don’t tank, this current move is healthy with good positivity to come BUT most of the world is...
I’m going to pretend to chart Bitcoin Lolz Down move from 60k an obvious corrective Many times an A corrective 1:1 with a C Though seemingly 5 waves in this C and a .786 extension may be good enough! 12k if pressing 1:1 Purple line below is rising support of BTC all time Would put us at 7k
A play off of my last post Jumping nicely within these FIB extension numbers Let’s see where things lead into mainnet launch Don’t be overly excited Usually sales ensue at big news becoming the norm One thing that keeps $klv from a vicious bottom in my opinion is the fact that 65% of its supply is locked up in staking I’m neutral today as the new weekly just...
A project that will be cool to be a part of as it evolves So because Klever doesn’t have a ton of historical price data and hasn’t been scooped up my bot trading etc. It’s even more difficult to make a game plan for future price action. It’s next price discovery phase could be massive and exceed expectations or it could be a multi year slow grind before it really...
I think we have reached the turning point Reference last posting of .035 bottom We reached .037 We have put in what looks to be wave 1-2 upward Conservative wave 3 target .057 Extended .08
Adoption: This isn’t the only factor in a coins rise because it wasn’t adoption that brought it to .16 BUT over social media game for this coin is low It doesn’t have that spark, at least not yet The community around it is quiet The developers even quieter But they are developing Wallet: Wallet is decent I don’t mind the functionality Definite room...
I’ve had this chart for a while now. A lot of bearish concepts, even on long term view, based on previous bull run up. Xrp as a high supply, big market cap coin has always been a long duration play. I remember when I first got into trading, late 2016 maybe. I jumped into poloniex margins without knowing what I was doing. I fed the xrp beast on a decline, almost...
Are we close? Is XRP set and ready to run against the king? In December 2017 when BTC maxed out and started its descent, XRP went opposite posting huge gains. It has literally been correcting that upswing for over a year. Consensus is mixed on its short and long term direction. The weekly bollinger bands are on an incredibly tight squeeze against the USD...
This gem made me money once. It will happen again. And I’m not bias because of that. Let’s get into some fundamentals. It’s been a while since I’ve examined this coin. But we are close. Let’s talk about how many companies are interested or on board with this asset and yet it’s just a quiet background hum in my ears. Let’s talk mostly cars. VW. Mmmm. My favorite,...
I’ve been playing with XRP the past few days. This pennant is undeniable. The support goes all the way back to 2017. There is likely very little chance of getting it much cheaper in the near future. The weekly looks super prime and with a close of a positive candle coming in about 30 hours, there may be some fireworks coming soon. Keep eyes on this one.
TheDynamikOne here So crypto had a bounce from its down trend. I'll admit that I wasn't prepared and suffered a little rektoning. But how are we doing now? I plot Ethereum more vigilantly the BTC currently so that's my play. In my opinion we have now completed a 5 wave upward structure followed by an AB of an ABC correction to the upward movement. THough we...
I am eyeballing ETH Ethereum right now. Trying to determine the state of this downtrend. Weird I know, as all follows BTC. I will take a look at BTC soon. Can we slide lower and rekt more hopes and dreams? Totally possible. Daily RSI is super low across the board. There is a recovery bounce that is desired and that will come but will it come very soon or is...
Not that this is the only support there is, but if ETH breaks and closes a 12 HR below 169 it will be floating in no mans land. Yearly low will be defined as a much lower number. The next few hours should tell us more.
Just a little idea. Assuming parallelity of the upper resistance on the ETH against USD pair, could we also derive a time frame? Say 9 hours before ETH tests the bottom of the channel/final local support. Lets see if these shorts rise to the occasion. Nov 18 1:30 UTC
This is not financial advice and should be treated as opinion only!!! Lets get it. K guys. I'm calling a SHORT of BTC incoming. I cannot guarantee the accuracy of this call, but if you go back through history in any significant downtrend and you find evidence of this throughout. you have to catch the right time frame and moving average combo in order to...
My first actual published idea. Been charting for a while now. refining the skills. Lets jump in. On the social abyss that is crypto twitter, I've been noticing a lot of influencers calling for an ALT season without much of any indicators to back it up. The pumps in the alts were due to Bitcoin being tightly range bound. On to my opinion of BTC . I've been...
3 minutes ago My first actual published idea. Been charting for a while now. refining the skills. Lets jump in. On the social abyss that is crypto twitter, I've been noticing a lot of influencers calling for an ALT season without much of any indicators to back it up. The pumps in the alts were due to Bitcoin -1.50% being tightly range bound. On to my opinion...