semasters

semasters Updated 

To be a successful trader or investor, especially in Crypto, you must Be Ready For Anything! Therefore, we must consider all likely paths. The market is currently in a downtrend and until the downtrend stops, we must consider a continuation to the downside and what it might look like. Here are the 3 most likely paths. The Market: Path 1. tests back to the Low of...

semasters Updated 

The chart above is a weekly chart of BTC 2.69% on a logrithmic scale. I have shown the wave counts to 4 degrees of trend. The key question is 'Are we in a higher degree (1 or 2) correction and headed well beneath 9,000; or are we going to hold the current low of 9222 ( BitStamp ) and make new highs?' My initial opinion is that it is possible that we are in a...

semasters Updated 

If BTC breaks the support (black horizontal line) at 11159.93, then the blue rectangle shown on the daily chart represents the 1st target area for a buy. This target area includes the possibility of a a testback to the 9222.00 low, or a lower low with the upper blue support trendline holding (on a closing basis). Since the daily chart is still in a downtrend off...

semasters Updated 

Buy above listed trigger by $10. If you buy on the break of the blue resistance trendline, the risk is pretty steep all the way back to the low. So I would suggest a trailing stop based on the previous 120m or 240m bars. Beneath Point A at 272.79 could also be a possible stop. This trade is cancelled if we take out the testback low at 174.78 (Bitfinex) prior to...

semasters Updated 

LTC has performed an Elliot ABC Flat ending with a double bottom. Break of the blue resistance trendline will confirm a potential trend change. Two aggressive buys are also posted based on the pattern and i) break of an inside bar (very aggressive) and ii) break of the bar at the low (aggressive). If you want to minimize your risk and get a head start based on the...

semasters Updated 

LTC has consolidated and ready to move higher as shown on chart below. Stop is beneath support trendline.

semasters Updated 

If this pattern plays out, BCH is going to turn some heads. I'm posting this a few days early as Wave 4 is not fully developed; but this is a trade you really want to be ready for if you see what I see. There's a potential 150% to 400% return in a matter of a few weeks. To complete the pattern Wave E of 4 needs to complete by doing at least a partial retrace...

semasters Updated 

Suggested Entry, Target, and Stops are shown on chart.

semasters Updated 

This BitCoin price chart (logarithmic scaled) shows a clear and reasonable path to $100k per coin in April of 2018, and then beyond to $1 Million per coin in Q2 2020, and then $3 Million per coin in Q2 2021. If enough Crypto Revolutionaries show an interest, I'll update the chart periodically as market conditions dictate.

semasters Updated 

Cup and Handle pattern in LTC. Target is upper channel line. Note that this is a logrithmic chart. Stop is beneath support trendline. Potential 120% return in a short period of time. Risk reward 4:1 initially; then risk decreases as support trendline rises.

semasters

This BitCoin price chart (logarithmic scaled) shows a clear and reasonable path to $100k per BitCoin in April of 2018, and then beyond to $1 Million per BitCoin in Q2 2020, and then $3 Million per BitCoin in Q2 2021. If enough BitCoin revolutionaries show an interest, I'll update the chart periodically as market conditions dictate.