ekeneobi

ekeneobi

Bitcoin is in a descending channel and needs to break away from the $9500- $10,000 resistance area for any considerable move to the upside will be considered.

ekeneobi

Keeping it simple

ekeneobi

Total MARKET cAP First Target Has been met.

ekeneobi Updated 

For me, ETC is the leading indicator for alts , though after the fork it has receded in price settling at key support for 4 weeks, and usually, from its history, it spends about 4-5weeks on crucial support before a major pump. It's something to keep an eye on for the next few weeks and watch its reaction at this crucial support which also coincides 0.628 fib...

ekeneobi

Bitcoin has been in an H&S top for months now, most people didn't expect the price to break its 9K-10K and kept calling for ATH while it was glaringly obvious I was confused myself if the so-called top analyst and CZ were laughing and mocking those who sold at $10,800 only the price to break down this violently at there detriment . I have noticed the H&S...

ekeneobi Updated 

Ethereum seems to be repeating a 2018 March -April pattern. We can see the falling wedge, we can see the resistance levels all seeming to be behaving alike now what might happen is Eth rising to $280 which will affect all alts and give them a little breather or relief rally against bitcoin before final collapse as it did previously.

ekeneobi

Thought alts was gonna bounce further than this but the rejection came earlier expecting a retracement back to old lows or new lows.

ekeneobi

Transcorp seems to have repeated bottom patterns regularly.

ekeneobi

Crude oil heading to $35 this will affect countries like Nigeria 2020 not looking good.

ekeneobi Updated 

This rise might be a bull trap same as in Gold if we don't make a higher high above 13k. my other fractal has been invalidated above $10,800 but still, we have GAPS to fill below 7k also a dip to 0.618 fibs, accumulation should happen. btw 5k -6k, not a bear but this is what am considering for the next few months. This time is different hopeful let's...

ekeneobi Updated 

The Price Action is not looking so good, was met with a strong resistance at 38.88 this has been a major support turn resistance , if price conveniently closes above 40 then we might have a bull run , but from the looks of this price action it seems it's merely a bearish correction and price distribution is taking place, meaning that price will further decline as...

ekeneobi

Zenith Bank Ng seems to be reachin a very important support zone and will bounce at leat 30% to the green box

ekeneobi

GOLD head to ATH

ekeneobi Updated 

It's no news that bitcoin has been in a distribution phrase ever since our bull fractal failed that was our cue that the price was asking for a lower price. The pullback closed below our stop loss, so we had to reevaluate our position. Critically looking at the chart, we notice a fractal similar to the top of 2017. We are critically considering two theories if the...

ekeneobi

Total alts cap broke out the ascending channel and looking for discovery below the channel. If we count the wave, then we should be nearing a bottom any time soon. We are sure everyone is surprised why the alts seems to still be in a bear market. Some alts devs can , we can count a number of projects whose devs don't have money to run the project anymore , some...

ekeneobi Updated 

Alt Season is the period many alt coins gain dominance against bitcoin while bitcoin losses its dominance. Reference to the last bear market, we notice a similar trend taking place, the fractals are very simple to understand. We see that when bitcoin leads the market alt coins loss a significant amount of dominance to bitcoin which is normal and the more bitcoin...

ekeneobi Updated 

The Fractal we will be watching for the next 40 days. Bitcoin has had repeated pennant patterns which have played perfectly during this current bull run. Following Bukowski's observation that price meets 34% of its upward breakout Target as noticed in pennants in the chart price met the targets perfectly, we expect the same to happen with the current pennant. We...

ekeneobi

Both Ethereum USD and BTC are in a falling wedge which is not a great performer according to Bulkowski's falling wedge stats. The ETHUSD had a dip below before breaking up from the falling wedge the target or top of the wedge is $1150, which means Ethereum can 3x in the coming months. On the other hand, ETHBTC is still within the wedge and seems not to have...