scaramucci

scaramucci Updated 

Title says it all. For a long-term investment, I'd say this seems to be a pretty good time to get in. My humble opinion, not financial advice.

scaramucci Updated 

Update on the BTC channel. I said 7360 and it seems to have bounced at 7358, which is a pretty good call if I may say to myself. I made an adjustment to the channel which affects price and the time where it will teach the target, which I've lowered to 8800. I've brought down the top of the channel to the top of path it has been following these past few days. If it...

scaramucci Updated 

Update of my previous analysis. Everything is going very smoothly according to plan at the moment. Nearly too smoothly. BTC has exited the downward channel and is now forming a new upward channel. Because it's still a bit early, the outer limits of the channel might not be perfectly drawn. Because of it's width, I'm assuming that the path it's been following these...

scaramucci Updated 

Yellow circles indicate interactions with resistance/support levels. Green circles indicate interactions with the triangle. They also coincide with surprising accuracy with the Fibonacci ratios within the triangle. Blue circles indicate my forecasts, if BTC continues to follow the same logic and pattern. There are four in total. The first should hit within two...

scaramucci

I drew an Elliott wave from the high in 2014 to today. The second wave ends at 0.618 of the first wave, and is followed by a gigantic third wave measuring 17.618 times the length of the first wave. The fourth wave is identified by the triangle that's currently forming, because this formation is usually found in fourth waves. From this triangle, I drew two possible...

scaramucci

As you can see, BTC is forming a big symmetrical triangle. At the moment, it's in a downward channel inside that triangle and there's really no reason for it to turn around just yet. If it stays on path, it should reach precisely 7000USD by the 28th May (EST), which means it might go up a big before than but it's going to be unstable. Hopefully the triangle will...

scaramucci Updated 

As you can see on the chart, the RSI bearish divergence that we see today is basically identical to the one we saw in 2014 right before the crash. Another important point of comparison is that right at this point, in 2014, BTC hit the 200MA and turned around... exactly like it did yesterday. Also, if you look around at the alt coins and try this same excercise,...

scaramucci

I'm new at divergence trading, so if I'm doing something wrong feel free to correct me. But from I gather, this doesn't look good, right?

scaramucci

If my analysis is right, we just finished the fourth wave and should hit my target in 4 days and 8 hours. Don't take any action without proceeding to an analysis of your own. I'm putting this out there mainly so that I can save my predictions and validate or invalidate them objectively in the future.

scaramucci

This is an analysis I did a few weeks back and it seems right on track. Let's see where this goes.

scaramucci Updated 

I just like to draw lots of lines. Lines are cool. :D

01:05

scaramucci Updated 

Sorry for the lag in the video, my computer really sucks. I waited a long time to publish this, not knowing if it was a good idea. Now, I think I may have waited too long, because we don't have the data for the minute charts anymore from when this event happened. Luckily, I took screenshots. When South Korea announced that they might ban cryptocurrency trading,...

scaramucci Updated 

Looking at the day chart, we see Bitcoin forming a gigantic H&S pattern, and the candles are going straight towards the neckline at around 7300USD. The volume pattern is unusual but this isn't sufficient to reject it. This might be the result of a huge dump by the Tokyo Whale, if you want to know more about it I encourage you to Google it. If it goes through...

scaramucci Updated 

Three important support lines intersect between 630 and 635, where ETH is expected to fall in the coming days. This is almost certainly rock bottom, and should constitute the perfect long opportunity.

scaramucci Updated 

Price explosion with BNB following the announcement of the Binance Chain. Second wave retraced a little under 0.5 of the first one, and the rounded bottom appears to be getting ready for the third wave. If it goes to 1, it'll reach $12.5, which is a plausible scenario. Safer bet would be 11.42, at 0.618. At the moment of writing, it's at $9.96, which means a 25%...

scaramucci Updated 

Current price is 727 [started falling as I was writing this, it's now at 217 I think), but if my analysis is right, it should fall to 675 within the next 12 hours or so, before bouncing back up to 720. If it breaks out at 720, it will hit resistance at 740 and may reverse, so watch out.

scaramucci

Chart says it all

scaramucci

First I'd like to say that unlike some other analysts on here that like to gloat about how great and amazing they are, I'm not perfect and I do make mistakes. This is why ideas and constantly refined when better information comes in, or when I realize that I was wrong. Also if you see something you disagree with, please feel free to comment with constructive...