goyapro

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OK, hello everyone. It's been a while. Today there is someone who asking to me that analyze for EOS again, so I decide to write a post for him. As in the previous post that I analyze that EOS, EOS has make a great price movement in recent time. It is a very positive signal to EOS, but it is difficult to say that's perfect. You can see a massive volume support at...

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Ok. This point will be a big turning point. If BTC price failed to rise up, we are going into a long dark age. Whatever, it seems to me that the price is likely to go higher. In this analysis, I focused to the volume changes and RSI trend. #1. In view of candle/4hour chart, I can draw a line for the trend that the RSI moving(blue line in the RSI section). RSI...

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BTC prices are moving well along the expected pathway. As I mentioned in my last post, BTC price will touch the 'need supported line'. And probably, we can observe a clear 'divergence'. Today we will talk about low points and high points that can be reached from a short-term perspective. #1. I propose scenarios (S1, S2) that seem to be possible in the short...

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- Summary Today, I'll suggest some possibilities from a short-term perspective. If you are a trader who preparing for a short term trading, you may be get some help. BTC price seems to following the scenario that I mentioned in my previous post ('Bitcoin(BTC) Update : An important junction, # 2-1'). I will mention a strategies to wait for divergence today. ...

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- Summary In the last post I have focused on EMA and presented some scenarios for future BTC price movements. Today I'll talk about a pattern fractal. #1. In the yellow boxes on the chart, BTC is rising from the low point. In the course of the price movement, we can think of the possibility that the pattern in the previous yellow box will repeat in the back...

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- Summary Currently, BTC has touched the EMA(200) line again. As I mentioned in my previous posting, in order for BTC to rise clearly, the price have to break through the EMA(200) line and use it as a support. Whether or not to break this line will be a very important point. I have summarized a few important things from this point of view. #1. Successful Breach...

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#1. In a recent price action of BTC the price have declined due to take resistance at the EMA(200) line. It means the anxiety about the market is still not recovering. If the price stays near the EMA(200), the decline may continue in the long term. To successfully break through the downtrend, BTC price must be breach out the EMA(200) and use this line as a...

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After the trend reversed, BTC prices are moving along the expected price pathway. In the short term the EMA (5) and EMA (15) lines are likely to be golden cross(as in the previous pattern), so the BTC price will move as orange line that shown in the chart. And as expected, the price will be reached at 'd' point soon. Now the important thing is price behavior...

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Last few hours, Qtum has made a very impressive move. A noticeable volume spike was observed and it dramatically changed the trend. It seems that Qtum has successfully completed a long wedge pattern. On the chart, the volume spike is appeared at the end of wedge, and it successfully breached the downtrend. The MACD is dramatically curved up and shows a positive...

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In a previous article I warned about the possibility of a long-term decline in bitcoin. I am still concerned about the long-term downtrend, but this time I will give an optimistic scenario of bitcoin. When analyzing a chart from the perspective of 'elliott wave', 'pattern' is the most important part of the analysis. So, in this analysis, I carefully observed the...

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The EMA is one of the chart's indicators that shows the average price of transactions that occurred within the set time frame. If you set EMA's time frame for 5 days, the average value of the transactions that occurred within 5 days is shown as a line in the chart. Typically, EMA is used to determine trends using multiple time frames rather than using single time...

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In a recent movement of LTC/BTC, I observed double truncation pattern and double apex pattern(To say 'Double' is may not be a good word in this situation, but is used for emphasize the pattern is repeated.). In the chart above, Apex pattern was shown after Truncation pattern, and now the LTC is moving towards the 'e' point on the second Apex. As showed in a...

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As like as other altcoins, ETC is on a tough price trip. During in few months of declining, the price tried to rise in a while but it soon turn to downtrend again. In this confusion, I have assumed several scenarios for future trend of ETC. And today I suggest a scenario, 'Viewpoint in Apex pattern'. In this 'Viewpoint in Apex pattern' scenario, ETC is on a 'c'...

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I know that you can have some distrust of chart analysis. As a person who analyzes charts your doubts are reasonable, because sometimes the belief in analysis could bring a frustration. To be honest, it is impossible to find an answer that completely solves your distrust. As I said in my previous posting, the chart analysis is an attempt to predict the future...

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Chart analysis is an attempt to predict the future through past patterns, So I look the past events carefully. In this time I found an interesting point on the EOS/BTC chart. EOS price is still going down to following the down trend line that drawn as a red dotted. It's to hard to predict the price as elliott pattern analysis, because it is ambiguous to define...

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BTC price rebounded from $ 8400 points. I had expected a similar decline in the last posting 'Ongoing Flat correction', but actually it was steeper and stronger than I thought (the price plunge of altcoins). I observed ‘truncation’ in the red box shown on the chart. This means a change of trend, and the possibility of starting a new elliott impulse. So I think...

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Yesterday BTC price is seems like change to downtrend, but I think it's a part of correction and BTC is in a ongoing flat pattern. As you see in the chart, BTC can move to target $9300 point that touched before in correction (A) wave. At $ 9300 point the price will move upwards with the support of long-term downward trend line(a red dotted line). After this...