speedspirit

speedspirit

TAKE A LOOK AT THE SIMILARITY. Keep an eye on Ocean if it breaks the highs.

speedspirit Updated 

Love the project and expect great things for this crypto long term . The chart to me says we are at end of Wave 2 about to make a big Wave 3. Maybe this I H&S pattern will give it the extra boost if it plays out. Tight stops because support lies down at 1800 sat. Do not like that it did a 78.6 Fib retrace.

speedspirit Updated 

Now that we can see the pullback from the impressive move we see the correct Elliot wave count (if the price holds here and does not drop lower then top of wave 1). Chainlink has great partnerships and tech so this temporary price action is a gift IMO. Studying the chart this is a buy signal. I see the meter says popular opinion says sell but that's exactly what...

speedspirit

I noticed a rising trend line here on PIVX starting 12/16 clearly visible on the 4 hr chart. Inside an ascending triangle waiting to see if we can get a macd cross with a positive move in the market from BTC and ETH. Chart explains it looking to gain 19% to top of triangle. Will not be holding more then 25% position for the break up and out of triangle.

speedspirit

Looks like SRNE is trying to bottom on .236 Fib retracement. Looks to be oversold for a quick move back to EMA's. This right shoulder should take some more time to form especially if it is a inverse head and shoulders with a big move coming. The green trendline is from a multiyear chart downtrend. A break of this downtrend could make for a nice longer move up .

speedspirit

The overall market has the look and feel of a bottom a peach bottom? is very near and with the fundamental news overflowing with teams achieving milestones the chart looks good enough to enter after upcoming? ABC correction. Also with the LTC Summit ahead we usually see profit taking while investors wait to hear if any news will cause them to buy back in. ...

speedspirit

Lun caught my attention with the recent big move. That being said the chart looks good for a long if we can break out of the triangle and above point 3. I am expecting bearish movement on BTC so once that ends we could see Lun make a nice move being impulse wave 3.

speedspirit

It was a great run but the old saying of Pigs get slaughtered I think is going to play out here if the longs keep looking for more. 374% move was strong and fast a pullback is healthy at this point.

speedspirit Updated 

Litecoin is being dragged under by BTC. Litepay is coming out 2/26 but BTC is still correcting and will pull on LTC. I do think this is going to be a higher low correction. A correction that is healthy and building energy. We entered this wedge from above and should exit the wedge to the downside. Chart has all other details.

speedspirit

Very big expectations for OMG in 2018 so if it is going to happen then this next move needs to set the pace. I'm expecting BTC to bottom March 2 and move up March 8 and OMG to out pace BTC . We are due for positive news out of Asia which will propel BTC higher and OMG. The strength of NEO last month tells us China and Asia are strong markets for crypto.

speedspirit

Just thinking out loud here. But this seems the direction ADA wants to go. Would like any other Elliot wave theorist to comment on the wave count on the ABC correction. Meaning is my drawing valid?

speedspirit Updated 

LTC follows BTC for the most part. We see buyers coming in but with bears having such control the Bulls will not turn this market on a dime so we can expect the tug of war to give way to one last low before we make our way to all time highs.