I am looking on these zones carefully. On each of these zones a bounce may occur. At the moment we are sitting on the golden ratio of Fib retrace. The MA 200 is holding so far. Does the market have enough power to close as engulfing in 4H TF ? Let's watch!
BTT slowly climbing up. I am aiming at the Fib target.
I noticed this possible fractal. I pay attention to it.
ADA starts to look really juicy. The BTC is in sideway mode and that's what the alts need so much. We can see in chart a double bottom with higher low which might be the end of wave 2 of the bigger degree. So, we may count that the greater move of the wave 3 is ahead of us. This wave will consist of the waves of lesser degree. I am pointing out the red zones that...
EOS is climbing up in the potential channel. I am posting here a view on my wave count and trade channel. Alsways keep in mind that you have to count that this channel is not unbreakable, there can occur a throw-over and peaked higher as the upper line of the channel shown in chart. But even though is trading in the channel very strong weapon for your simple...
XRP is preparing for the 3rd wave, when we count with that the 2nd wave is already done. We can see in chart the uptrend line which is our support and holding good so far. I think we would see the retest this line again, after that we can get enough volume to bounce off with a projection to the target zone.
Stellar is in sideways trend at the moment. This is typical for 4th wave of consolidating in the triangle, but according to my count we are most probably still in the 3th wave of the bigger degree. After we break the triangle, our projection would be up to the target shown at chart. On the way up there is the higher peak which is our resistance. If we want to...
After the huge correction we can see small iH&S formation. There could be bottom in play. Momentum and RSI bullish. Volume good. Let's go WAVES!
Target as shown in chart. No more words needed.
The BTC is consolidating in the ascending triangle which could be the right shoulder of the iH&S pattern. When would be possible to break this upper red resistance zone, then this formation may be easily our lift to 9600 USD. Time before we could see what power this formation has.
PUNDI X is starting to look great again. There is a noticable green volume. RSI is turning out to the bulls side. I think this could be that moment we are going to break the f. daily MA200 finally. The fundament around this project is great and positive and community is huge. Go ahead PUNDI X. This is your time!
I would like to share my waves count of the NEO. First of all, it is a pretty good coin for a long term with the bright future. You can see at the chart the possible trajectory of each wave. It's too many steps ahead, so you have to count with that.. The market behaviour it is not always ideal with many factors around, so there could be some deviations on the way...
There is chance to make a fake break. Let's see what happen.
No matter of the Bitfinex situation the BTC closed at the new HH on 1H TF. Next target zone as shown in chart. There is a noticeable fact that we are still in wave 3 of the bigger degree.
XRP is going to reach the short term target of falling wedge. In this time XRP is consolidating in the bigger symmetrical triangle. So the price can ranging in there for some time. The upper line of this triangle is resistance and could easily stop XRP in an effort to get higher.
Just a simple chart of the H&S pattern. What do you think ? Share your ideas.
It seems this could be its first awakening after a long long sleep.. Almost all alts already did some nice movements or still working on that right now. Whilst the NEM is that one from plenty of them without substantial move, up until now. There is scheduled conference Money 20/20 in six days. It's like enough we could hear about some good news. But what about TA...
Good opportunity to short. Probably 5th wave already ended. There is also negative momentum and RSI divergence. Target zone shown at the chart.