About meRunning MM, I am author, educator, and Mentor. My new Wave Theory and technique "JP SPECTRUM" are the most powerful trading methods on the market - ask for it. Websites https://poniat.com and polska strona https://pl.poniat.com
Very interesting situation on LiteCoin. This is very unique situation where few formations confirm same incoming price direction.
Momentum remain on strong side of price changes, but Divergence shows incoming correction and three TL’s confirms that as well.
In the next steps if price break trough line 0-4 then we will have strong price rise up to resistance...
This is the latest situation on BitCoin. Finally, we can see stronger moves that price makes. Price just break trough TL and now we are waiting for the price to find level of 8000.0 as a support,
if this happen then price will rise higher. The situation will clarify in the next couples of hours.
First target 8291.4 and the second one 8654.0. on...
This days GBPAUD is best pair to trade from EST time zone. Around 8:00pm most of the time we can observe how price smoothly rises or fall for the next few hours.
This is like open position set the target and wait for profit.
I love doing trading!
We have divergence but be caution, momentum remain very strong. Divergence are very peculiar signals, not always direct to correction.
SR 8000.0 was break and now price remain above 8000.0 (now is support and you can see on black candle, closed above that level). We on the way to next target 8645.0
Next resistance level will be around 8500.0.
At this time no...
Another target was hit. As you can see how precise target prediction works, price just stop right on the target 6108.0. Once again (just like I mention in previous analysis),
we can expect small correction, could be as low as 5625.0 but we have few support levels on the way down: 6000.0, 5900.0 and 5800.0.
Momentum remain on high level ( as long...
Finally, the price reaches our price target 5720.3 in slow motion moves. If the next candle will close above that level, then we will expect price move higher.
But if not, then we will see small correction due to the fact that momentum is in extreme levels.
Support levels: 5600.0, 5513.0 and zone between 5400.0 and 5336.0. We will wait for turn point to be...
Price remain above 25% retracement – momentum is very strong to the upper side, and price is getting ready to burst again. Last side move lasted 180 candles – this time we have only 60. JP SPECTRUM continue to show momentum reaching lower limits if the price will go higher. First target is 5550.0 is only 271 dollars from actual price level and on...
At this time price remain on the support zone (just like I did explain in the previous analysis). Rising momentum bias remain in place.
If momentum with rise higher and price will break trough Trend Line with strong candle, then we will have early signal for long position.
Next 4 hours should clear situation.
Its 6:40p EST or 00:40 CET. We just hit first target 5269.0 and price is rising. Just like on previous analysis we got very strong uptrend bias. Now we are waiting for price to get over the resistance on level 5312.0
Net target will be 5389.0, if candle that break trough that level significantly close above that level we will see price rising to...
Wow that was price explosion. Did you manage to jump to that fast train to catch the ride?
Now we will have moment of silence price is in the zone 5353.5 and 4842.2 (gray area). At this time, we just have to observe momentum (momentum moves price). At this time momentum remain on higher level – indicate that price remain in uptrend. At this time...
Bitcoin is respecting our predictions right to a single candle.
For the third time on the row we were, able to predict incoming changes and price hit another target 4195.00.
Also two Brownish trend lines are showing special formation that price just confirm by breaking trough line 0-4. Now we should expect some correction to the down side. Firs...
Again, price touch out target 4143.00. Price is rising slowly but steady. Last retracement was very shallow, price did not pass through 50% o the Wall A.
Pay attention to two brown TL they are forming pattern that I have explain in one o the previous ideas.
Now is the time to pay attention on lower TF for strong signals, for long position.
According to our prediction price exploded to the upper side breaking trough three of our price targets: 4007.6, 4063 and 4143.0. Now we have very strong support zone between 4052.0 and 4063.0.
Now the very important question - is the price remain above that support zone? One more support is on 50% of the last green candle. Let’s wait and see...
Friday “Bubble of truth”, will we have break trough SR of 4000.00? At this time price fighting (in slow motion) for breaking that specific level.
If the price sustain Doji candle than we may have quick break trough.
Price remain within last Wall swing. More explanations you will find in previous published ideas.
Finally, we can see some price movements. Price respect very strong SR levels. Momentum already break trough TL to the upper side. Last candle has almost 3 hours to close. I would recommend go down to lower TF. First price has to get through 4000.00 resistance level. Waiting, for price go to resistance zone 4047.00 – 4063.00. This should be fun.
ETHUSD charts show how Ethereum is perfect reflection of changes on BitCoin (Magenta line is BTCUSD based on close price). We do have same situation as per my last publication on BTCUSD.
Price above very strong zone made of 50% of the previous Wall and 25% retracement level. Look like BTCUSD is mode dynamic then Ethereum.
Blue Trend Line...