filbfilb

The bear is bouncing this weekend. Targeting c. $3750-3900 partially due to a bounce from the retest around the 3500/600 support level and further compounded by high st traders closing their shorts on Friday. There is still huge mac-d divergence which needs resolving and potential H&S formation to complete on lower and higher time frames. Looking to refull ...

BTC has a long way to go before the bear is out of the woods. Looking to reload as per the chart and TP at 3 points on the way down. Invalidated if ATH Stop loss target is hit at $5k Wont be a popular idea but its the logical one in the short term givn we have other fundimental events such as a chain split etc to come. Im still a bull but not right now.

Not much to say but these are areas we may see support. I hope you all at least hedged yourselves effectively.

Likely recovery path we usually see following overreaction to barely related FUD.

A strong case for the bottom being in. I woudlnt be surprised to see a push back up to and beyond 5k$ with a C&H or H&S Break

See chart - Dont panic look for sensible entries and mange risk accordingly.

How many times have we seen this. Enjoy.

IOTBTC looks to be consolodating before taking a move higher. Fib extension c. 0.00034 Measure move target is 0.0004

Wallets in the pipeline and whale accumulation could see a move to 0.05 in the next few months.

Plenty of room to hit $360 before the year is through Confluence in the momentum of the move, mac D and fibs suggest so.

ETH looks good since its correction im backing a move to 0.2ish towards the year end. Lots of news to come for ETH so im a bull. Still watching the fractal (related chart)

LTC looks like it will make a push to $100 soon. I expect a long consolidation period following this.

Green lines represent long term trends. Difficult to say if we are bear or bull here.. We will know soon.

This 2017 time cycle analysis of fear and uncertainty (driven by BB/scaling debate) followed by resolution and new all time highs looks to repeat and set to continue through to the segwit 2xActivation which will inevitably create FUD. We look to be in a FIVE WEEK run up towards $7k in September ahead of Segwit rhetoric probably seeing some profit taking along the ...

Approaching support. Entry would be on confimation of a bottom pattern break. A recovery target to 1.15 looks likely.

Just a bit of fun but after putting the data into excel ans assuming liner growth of BTC we arrive at the below formula which implies that we will reach $100k / BTC in May of 2020.. right in time for the next halvening. y = 1.5492e0.0031x R² = 0.8083 Sounds crazy but it always does with bitcoin doesnt it.

Ethereum looks to be in a fractal which would suggest we may retest its highs for this pair in the comming weeks. Potential big gains available moving into 2018

See chart. Assumes: - BTC shortage on exchange - BCH Will be a non event - Nervous Cash on the sidelines will return to BTC GL Traders