Ethereum in Its First Big Bear Market Like Bitcoin in 2015, Analyst SaysNEWS Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15. In a tweet posted on Aug. 20, Burniske noted that in retrospect, 2014-15 revealed itself as having been the...
This correction might not be over. What I can say with confidence, however, is that we have already completed pattern 3-3-5 Flat Correction and that did not end the overall correction. Then we completed what looks to be a large ABC pattern or Wave X and is developing, did not end it. Some corrections become more complex with multiple Elliot Wave corrections...
This graph represents all altcoins excluding the REI (Bitcoin) See how fractals present a similar pattern Will we finally have a session of altcoins? 2017 is so far away. We want it again. We look forward to it. If the pattern is confirmed, soon we will have higher highs. To MARS!
I'm long again. After reviewing the post of some of my supporters, other opinions I value, and stepping back and looking again at my count I believe the bottom of 2 is still valid even though it slightly extended past the 78.6 Fib. If this level gets broken I'm out again to reevaluate the situation. P.S. If we just double bottom I'm adding to my long position....
Symmetrical Triangles can be characterized as areas of indecision. A market pauses and future direction is questioned. Typically, the forces of supply and demand at that moment are considered nearly equal. The Following is a Typical Symmetrical Triangle Pattern Attempts to push higher are quickly met by selling, while dips are seen as bargains. Each new lower top...
IOTA is a totally different technology from all the existing currencies, and represents a radical change of paradigm. It is a criptomoeda that does not use the blockchain, thus managing to solve the limitations of the currencies arising from Bitcoin. A new technology, called tangle, is the basis of the IOTA network, giving it numerous superior qualities, among...
BTC is reaching a key point of support and Fibonacci level. A significant bounce would be expected at the end of Wave C and Wave 5 anywhere between $9 - $9.1K (1.272%) After that counter-rally it will be time to re-evaluate to see if the major correction is over, or if this is just a breather before further down side. ($7K-8K range) A 40% total correction is down...
How fast does travel travel today? The speed of light? How fast do the Internet memes get around? minutes, hours, days, weeks? Not long at all. How long does it take to viral YouTube video to spread around the world? No time at all. How long does it take for a black swan to sweep through an already shaky financial system? Does 2008 come to mind? Now that the US...
Momentum BITCOIN - Is the Alt Season between us? We have a high standard in the EOS / BTC pair - Falling WEDGE We had a BEAR trap in the false breach of support. Not only here, but especially in the other pairs. Low volume with drop in "prices" this is typical of a TRAP. Lack of volume with devaluation. The big players are piling up. Div. Bullish RSI We are losing...
BitTorrent, which pioneered peer-to-peer technology to share files on the Internet, has now created its own crypto-dum, which will be issued by the Singapore-based BitTorrent Foundation. The new BitTorrent Token (BTT) will run on the TRON network, developed by Tron, which acquired BitTorrent in June last year (2018). The file-sharing software company claims to...
TRON / BTC UPDATE We had a classic BEAR TRAP. The price dropping without volume. False bracket disruption. This support is the strongest. The false breakup made many come out of the game, typical of big players. Not only TRON but many other TOKEN had false breach. Obbservando the RSI we have a great divergence of ALTA in game. This is the game. Pisicology is the...
ONT / BTC is in a great Momentum. We have a very powerful standard highly BULLISH . A great FALLING WEDGE is ready to go. Worth the risk. Time to multiply our BTC! Come on! Are you prepared for bigger BULLRUN of all? Many ALTs are ready in accumulation to launch the biggest wave of all. Wave 3 is larger and more impulsive. I hope it's ready. 2020 we will be...
XLM / BTC is in a great Momentum. We have a very powerful standard highly BULLISH . A great FALLING WEDGE is ready to go. Worth the risk. Time to multiply our BTC! Come on! Are you prepared for bigger BULLRUN of all? Many ALTs are ready in accumulation to launch the biggest wave of all. Wave 3 is larger and more impulsive. I hope it's ready. 2020 we will be...
The Adam part of pattern is a sharp downward move, with a sharp upward move back up. I highlighted those days in red. The Eve part is the rounded bottom, which occurs afterwards, that I highlighted in green I trade positive reversals, so I would potentially be buying the bottom of the Adam section or the bottom of the Eve section. If you were shorting, you...
Bullish case from here is that this whole move is an ascending broadening wedge which we have seen on micro levels through this whole move. F & the textbook AB=CD is an imediate short term target if Bitcoin is bullish we would expect to find support around the 0.382% fibo level. which is also the diagnonal support. A target for ths move higher will be...
Hello world, and trading The week was a heck of a ride was it not? I know we still have a couple hours to go before this week's candle official closes but I'm going to go ahead and call this a green week. lol. For those of you following my work you already know this chart pretty good. For those that don't you will notice that after the previous breakout (yellow...
we have a standard symmetric triangle of indecision with the demand for crude oil suffering cuts it is possible that we will have a greater demand for the supply, so it is possible to value Brent Crude OIL! OPEC + Saudi Arabia and Russia have agreed to a G20 agreement to extend the cut in production for at least 6 months. The agreement is planned for the next 9...
CRUDE OIL Brent we have a standard symmetric triangle of indecision with the demand for crude oil suffering cuts it is possible that we will have a greater demand for the supply, so it is possible to value Brent Crude OIL! OPEC + Saudi Arabia and Russia have agreed to a G20 agreement to extend the cut in production for at least 6 months. The agreement is planned...