thomas58700

thomas58700 Updated 

Hello! Tron getting ready to make a move down through the base of the bearflag trendline to our approximate support at 200 sats. Hodlers begin panic selling, and investors begin accumulating for a run up to 550 sats in 2019 as indicated on the cross of the 0.618 fibs (diagonal and horizontal) in the chart above. Thanks for reading, I'm sure I'll be updating this...

thomas58700 Updated 

XRP has shown its hand and it wants to be bullish , it hit a key swing high level and is looking to retrace. I would be interested in buying the retrace down to .618 fib and target the red level marked which is a key daily level. Daul fib retracements placed on the chart with VPVR off to the right showing us that our fibs line up with the volume shelfs. Original...

thomas58700 Updated 

Waiting for the price to move back from the demand zone/ find support at this level. First target indicated, then I'd be looking for a move back to 0.618. Something to watch! Thanks for reading! Original idea from Ribz

thomas58700 Updated 

After moving past the pivot and Monday's high resistance we'll be clear for moving upwards. I've grabbed a fractal bar pattern and superimposed it to show some possibilities of what to expect in red. Thanks for reading! Original idea -> TRADRZRibz

thomas58700 Updated 

Nice trade coming up: Taking out clean lows into 11494 sats -0.85% level and quickly bounce, very likely a stop run for further upside. Long at 11494 sats -0.85% is a good entry with stop beneath demand zone . Alternatively, if not given a dip, find support above S/R level for long. Original idea -> TRADRZ_Ribz

thomas58700 Updated 

Hello, welcome to my ZRX analysis! For ZRX we've started off making a cup and handle, completed the retrace, then moved into an equal wedge structure. The overall cup-target has not been completed for ZRX, therefore, after we break the pennant's upper trend we should see a decent run. Green zones are targets, an entry currently would be when it decisively...

thomas58700 Updated 

Hello traders! Watching XVG for it to break away from the 0.618 support. This level would be an interesting buy in with a stop below. A run up from here could potentially take us to 900; a less moody bitcoin might be necessary to prompt further movement though. You'll also notice we've hit this RSI level 3 times. Feel free to join in on the discord for...

thomas58700

Welcome! I've outlined our abcde path along with an additional ABC to show why I skipped the pull back in the c-d wave. Our RSI has 2 base touches (double bottom) and we've found support at the bottom trend on our way to e. Hopefully we don't get pushed back down, but our entry at d (my previous 0.318 on the cup analysis) served us well. Stop losses placed to lock...

thomas58700

Hello! As per my XVG chart (referenced below) you can see we have touched the same level on our RSI despite being on a downtrend. It wouldn't surprise me if we saw BTS lazily drop back to the 0.618 low we've seen previously from the price action, but if alts move into being bullish I'd hope for an upper break followed by a climb to the 4600 range. I'd be waiting...

thomas58700 Updated 

Hello, welcome to my EOS analysis! Above I have detailed a descending pennant which is a bullish pattern. Given that EOS is a smart contract, it has the tendency to break out earlier with extended runs. We've touched the "strong support," and are heading to challenge the orange resistance conveniently placed on our triangle's D wave. Considering BTC's direction...

thomas58700 Updated 

Hello, welcome to my ICX analysis! For ICX we've started off making a cup and handle, completed the retrace, then moved into a wedge/pennant structure after a brief run. The overall target has not been completed for ICX, therefore, after we break the pennant's upper trend we should see a decent run. You can also see wicks down where BTC has dropped making it test...

thomas58700 Updated 

Above I have outlined a cup and handle possibility with the handle retracing to 0.618 fib rather than 0.5 due to the volume and ichimoku cloud patterns acting as support during an upcoming correction. The bearish divergence on the RSI further adds to the upcoming handle. Two fib retracements show our next levels coinciding with the expected run we should get from...

thomas58700 Updated 

I get a lot of messages from people asking if they should sell their XRP. XRP has been in a down trend for sometime and my initial impression after it's peak was to stay out. I also find that many ripple holders have the view that TA is irrelevant which may come from trying to apply stock-trading TA to crypto markets which will always result in it being...

thomas58700 Updated 

Movement mimicry from the 1 & 2 Elliott waves observed then superimposed onto the 4 to 5 points and the first A correction with the red arrow is displayed. I've placed a fib resistance fan on the chart for easy viewing of the resistance. Hope you guys find it helpful.

thomas58700 Updated 

Requested chart for fib lines for BCD

thomas58700 Updated 

I believe we have reached Bitcoin Diamond's base. Recently a wallet was released for the coin along with other features presented on their twitter. The developers still seem to be anonymous, but I think it will be a great long term hold for 2018 with the upcoming turbulence in the US Dollar and the potential flood of people trying to move into Bitcoin will only...

thomas58700 Updated 

"Bread prepares to rapidly expand into all aspects of global finance, we are launching the first-ever wallet-based rewards program, built around the Bread token. Bread tokens will unlock a long list of perks for users of the Bread platform. Token holders will enjoy discounts, sequential tiers of complementary or exclusive access to premium features, and full...

thomas58700

Interesting compression noticed in BTC leading up to major changes around the date Jan 20th; what they will be will be determined at the time. Watch where it is heading!