After a massive pump on PHX -0.50% a retracement is due. Idea is based on what happened with XRP. Smaller market cap, smaller timeframe, same movement. A target between .618 and .786 fib retracement seems reasonable.
The post Swell selloff is done. After finding support it's time to look for a new ceiling to break. I wonder if this is to be considered a bullflag. If so: a break out would set in motion a new impulse wave. This would mean the fractal posted below is playing out.
Tonight (2018-08-01) at 00:00 UTC Binance will make a snapshot of their VET holders and airdrop them VTHO in the upcoming week. This might lead to a pump and dump scenario for VeChain Thor. I expect a run up leading to the snapshot and a dump right after. I'm holding VET long term, but might sell a portion right at the peak and buy back at the fckin dip. Article...
After the big ABC correction we broke out bullish at 4/20. Currently BTC has tested for support and I think it's time for wave 3 to continue up to ~32k-ish in upcoming months. The Depression bear selloff seems about done so I'm long and will try to take profit around 1.618 Fibonacci extension.