We have an Eve Eve Double Bottom forming here.
The classic entry off of this pattern would be for
us to enter when the candle closes above the center.
The average rise of an Eve Eve would be 40% from the tops.
After a 40% rise it should retrace 31%. If it hits the 41%
Rise it would put Stratis at 35$ roughly.
Also we could enter now with a trailing stop...
First green arrow up inside the triangle was when i drew the chart, the pathing is following it pretty precisely. I think with all of the news for AION coming out in the next 2 months it will be hitting those targets.
AionEX, Consens 18, ETH DEV, Token Con etc all coming up and moves will be made.
Keep an eye on Stratis.
Not sure if it holds but could be seeing a second inverted ascending scallop. Confluence would meet at the 200 day ema in blue and meet the .500 fib as well which would give us a 3 part confluence at around 10k.
Stellar North. We see major support holding at this level, I picked a pretty loose STOP just to allow a dip without getting stopped out before the return NORTH.
We could run a conservative exit level at the top of the box, then lock in gains as the price moves towards the TP2.
The downside to this trade would be if it does power down through support and...
So we did a test at CoinMarketResearch.org regarding a blind consensus of more than just the team. We had all charted this pairing, and came up with some decent results. I am charting this to document the proof of the trade details and also so we can follow it as well as the public.
Check Us Out at Coinmarketresearch.org and join the community.
We have shown a Head and Shoulders Bottom, with a recent retrace to the .500 fib level. Which should project to the 1.618% as indicated by the circle drawn above. We may see a slight retracement before continuing the trend to the north, but as of now the Pattern looks to be holding true.
I attempted to point out one of the solid chart patterns above. This is on Librabry Credits. We are in an Ascending Broadening Wedge.
I think LBC is in a pattern now that will see us move north and possibly we see a little resistance as we cross the 200 Day ema, but if so we can initiate a stop below the EMA, wait for the break North and trail north until we...
Just an outlook on the BTC USD pairing. Most people are concerned about the previous correction, but remember corrections are good and healthy. A must. Just as we saw the Stock market the past 2 days give up record numbers, it is needed and it always happens. Things can not go up parabolic indefinitely, all things correct.
Every year since I have been in...
We will see BTC USD go back to the north after the sell off. BTC/USD looks to have been establishing a support level at around 13.5k for weeks. Most look at a 10K or lower BTC as a definite, but i think the floor is the 13.5k range. Sure we have seen these spikes below, but that is mainly due to weak hands panicking and dumping all of their coins to supposedly...
I see the slight sell off due to the short spike in BTC price. AION has news coming out about a Global Telcom company partnership in the coming week or so. This will cause a sharp increase in Price. If it is really a big company then the first retracement may become void. Look for a level of 6800. AION is one of the most promising coins/tokens of late 2017...
Just due to a panic selling of alts we saw XLM retrace a little. It has already went through the 50% fib and is looking to test the 61.8%. Before bouncing north back to 4800 sats. From 4800 it could either go through and north to 6k, or bounce down to the 3800-4k range. From there it will then bounce off of the trendline and go to or through the 6k-6100 range. ...