At the beginning of the alt coin bonanza when someone told me about Ethereum, I kinda had a look at it in it's initial stages and though 'meh' I was riding high on the big boy Bitcoin (still do) but as it came and the years went by their tech and the tech of many coins improved. Innovation! Innovation it was key to grab yours and my own attention. Ethereum is one...
Looks like Eth has finally been able to push through the ceiling and its about to go to ATH at 57-65 due to may 1st alpha bay acceptance hype, the btc fork drama and all the recent altcoins finished pumps that will probably move their money to eth in order to reap some other profits!
After a major surge upwards while closing on the previous ATH, #DAX might be looking to start a major pullback to gather liquidity for a bigger move up for new ATHs. A lot of shorts getting stopped out every day and there are still no signs of retail going bullish. Because of that we might be looking at another stop run before institutionals start taking profit...
The FUD will last for a while, but after that going for ath
Seeing almost identical pattern to before the "PBoC Crash" It's like the news only temporarily stopped the bull in the china shop. I see a bust through the ATH then a retracement to gather support around that mark - 1140ish
After breaking 1040 USD we are travelling into undiscovered territory but I reckon we are going to try the ATH; will we break it? big chance. I am not considering yet the incoming hype with the SEC approval of a BTC ETF by 11th March, moon guys!
According this geo setup Bitcoin is consolidating and should continue the bull run to new ATH in September 2017. Cheers, Keops
Note: The chart after publishing narrowed done the annotations. Press "+" to zoom in and see the chart as it meant to be seen. Here is my update on the current impending Bitcoin Megabull Cycle. Annotations are on chart! The breakout day as I pointed a month ago is on December 7-8, the fractal I have been using is on par with that thinking. If you have been...
We already have a C&H in play from the previous all time high, Then at $800 we have this epic H&S confirmation to look forward to.
On this weekly chart, the SPX just couldnt look more bullish to me. Check out the volume surges and the RBL on the RSI. Also note that price and the RSI are both sitting on support right here and at a retest of the DTL. The only thing I dont like is the negative divergence on the RSI and the PAs multiple failures to make new highs. If the SPX rolls 2000s and...
Full credit initially for this chart goes to JoeBu on Trading View. He was kind enough to share his initial chart with me. This is an updated chart following my last chart on the failure of the megabull that occurred after January 15th. This chart is my predictive forecast on the occurrence of the next Megabull cycle after our latest failure at the double top...
First of all, kudos to all of those who rode yesterday's rally!! I rode it with good size and closed near the close sequentially, around 210.50s in average exit price. On wednesday 18th, the FOMC committee communicated two big shifts in its forward guidance regarding the interest rate path: 1. Lowering the Fed Funds Rate forecast for the end of 2015 (from 1,125%...
Elliott Wave Principle defines us above all direction. Chart above shows alternate descriptions waves than the $QQQ chart / /. But the direction is the same. Before us Alibaba IPO, option expiration week, FOMC meeting, the end of the quarter. These events will uphold the market. And besides - a symmetrical triangle it's perfect example of wave 4. thepatternsite.com
IF A COMPANY HAS CONTINUED GROWTH IN A CHANNEL WITH FLAWLESS STRENGTH AND A NICHE MARKET FOR A PRODUCT USED AS NECESSITY IN AN ECONOMY STRUGGLING TO FIND PRODUCTION YET PRODUCE OIL AND GAS WHICH IN TURN GASOLINE RISING AT THE PUMP AND CORN BASED ETHANOL OUR ATTEMPT TO GO GREEN IN A DIRTY BLACK FOSSIL FUEL LOL. THE GOVERNMENT MANDATES A PERCENTAGE IN EACH GALLON...