HyperionAllied

HyperionAllied

XRP/BTC is moving in an ascending triangle, MACD and RSI are also looking bullish. Green resistance zone give us atleast a 10% gain on break of the ascending triangle. If BTC continues to look healthy XRP should follow suit. Volume appears to have spiked dramatically and continues to be top 3 on binance signalling accumulation. All in all a very nice risk to...

HyperionAllied

VET presenting high probability setup with much confluence. -Nearing apex of falling wedge. - Sell side volume declining towards wedge apex. - Directly within the golden ratio at this time. - Daily and 12h RSIs both oversold. - Appear to have completed ABCDE correction within wedge.

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NEO/BTC on the daily chart. Huge descending wedge where we may see a huge bounce at its apex off the green support line. This is a significant support as we originally bounced off it to start the massive run last year. In saying this i do not expect a breakout from the wedge until at least a week as we have a decent bit more to drop to the green support...

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Hi guys, let me start of by saying do not undertake this if you cannot handle the risk (should be true for all trades but this especially). Bitcoin diamond is a strange coin, stagnant for a while then has a huge rally over a day and sells off. At the moment is relatively safe as it appears we can't go down much further. volume is declining to a near stand still...

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Enigma is correcting in a bullish descending wedge pattern and like many other altcoins it looks like it will correct to the 0.786 fib level. We are still well off this fib level but with BTC gearing up to test 7k (IMO) I believe going long at 15k sats will ensue some nice bounce profits. The daily RSI will likely become oversold when we hit the 0.786 fib adding...

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To those of you who do not know, DGD has an inverse correlation with Bitcoin and it is the only coin i know of that exhibits this behavior (if you know another please let me know). This means that when BTC goes down DGD goes up and vice versa and these are not minor runs these are huge runs making this trading pair the most volatile I've seen which is why I love...

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So now we have formed a double top and a double bottom so where do we go next? This WXYXZ elliot wave correction will only be valid if we break $6000. I see a lot of wave counts of 12345 waves down for this major CORRECTION, this is wrong unless apart of waves A or C (The 12345 impulse is only for WITH the trend NOT against). The WXYXZ pattern is apart of BTC's...

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Once again I am looking at the bigger picture in Ripple. Elliot waves are clear cut, even the ABC seems to have formed quite nicely on this larger timeframe. I am using log scale for this trendline analysis as well as to better count this super cycle. Ripple is currently trading sideways if this continues then it will test the red trendline within 2 weeks. If this...

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Hi guys I give you my primary count for ETC which has broken out nicely and is currently consolidating alongside BTC. Bearish cross on the 1H MACD indicates further downside. Chart self explanatory trade as you wish. We should get a strong bounce off our buy zone as more eyes have been on ETC than ever with its strong recovery compared to a lot of the bigger...

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A bump and run reversal patterm was first theorized by Thomas Bulkowski and was first introduced in June 1997 "Technical Analysis of Stock and Commodities" and is also found his book "The Encyclopedia of Chart Patterns". I cannot remember the exact page so I will just give the stock charts source (apologies I'm lazy) stockcharts.com . In summary we have the...

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Hi guys looking at XRP it is still extremely weak, there has been no virtually rally with BTC which ripple normally has in the past. The decoupling from BTC means we are range bound in this bearish flag/pennant. As you can see we are very close to completing our E wave to finally go down. The nearest support we can bounce off is $0.80 at the 0.618 retrace of the...

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Hi guys, I’ve been meaning to update my Tron analysis for a while and as you can see a cup and handle formation looks like a possibility in TRX. I called the rough 400 sat bottom in my past analysis (feel free to check it out) and we have stuck around this area for a while. We may go lower but I think the USD price (4 cents) will stay bottomed out. Keep in mind...

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Hi guys chart speaks for itself but we had a weak bounce off the 0.382 fib with no volume to follow it up forming our B wave. We will likely get an expanded flat down to our buy zone which is the optimal retrace at the 0.5 fib and the wave 1 ATH. We should get a strong bounce off these levels to start our wave 3 of a higher wave degree which i believe will break...

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Hi guys was doing some personal analysis and decided to share as BTS 0.00% is behaving strangely at the moment. The weekly chart looks great we have definitely reached a bottom and are still in a clear uptrend and can see plainly the nice wave 1 rally. The wave 2 correction as ABC looks like it not done just yet however. Wave C must always have 5 waves down which...

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Looking at the bigger picture of XRP we have almost certainty finished our full Elliot wave super cycle but the question is have we completed the correction? I am on the fence but after a local impulse wave failure at $1.22 I am leaning towards further correction. If this is the correct scenario we will see a final wave C down but I do not think we will get a...

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Updating my analysis for ripple, we got another breakout and now with btc showing strength I have confidence ripple can grow with it. In fact ripple tends to recover quicker and faster compared to btc so we can use this to our advantage. Currently we are forming a bull flag consolidation after our big wave 3 up with a textbook ABCDE pattern. I have measured the...

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Enigma bounced nicely off BTCs 6k dip and rallied higher after that forming what looks like a nice impulse wave up. The count you see is my primary count i'll present my bear scenario as an update. Currently I believe we are in wave 2 down so a buy opportunity is presented to us. 4H MACD and RSI indicate we can expect more short term downside so a touchdown...

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Looking at a very long term analysis of Bitcoin we can see that it still follows the trend line formed by the 2017 rally has still held to this day, in fact it is what we bounced off at the 5.9k dip. This indicates we have strong support on this trend line and if it can continue to hold long term we will see 100k by June 2017. That is a big IF and if the 2017...