Soon we will see USD at the lower extreme. Observing how buying in will proceed. P!
As we see, price reached the Centerline, which is Rule Nr. 1 on ForkTrading: "Price reach the Centerline over 80% of time". OK, but what now? Energies move from balance to extremes. This means, that price will either drop to the L-MLH, or trade through the Centerline and towards the U-MLH. Since we don't know what will go on from here, how about to take both...
The monthly shows us that the NQ is stretched. Let's see what's going on from here... P!
Very nice how price reacting at the Fork lines. The red resistance line must be broken first, not just pierced. The target is at least the Centerline. Let's observe together how this develops. P!
Price managed to break the U-MLH. Now, I expect a classic test/retest and then a bounce to the upside. There are no indication so far, that price will continue to new highs. So all I could imagine is, a bounce back, maybe to the resistance of the blue Ray. P! If you like my analysis, find more about it in the footer.
I`ll update it soon (mid term, going to keep it till the fork)
Here we see, that price is trading very nice within the Fork. Until we break out of it, there is no doubt that we heading south. Observe! P!
Fib 0.618 Reached here and the trend-line is declining to touch the next support or the copy up trend from previously. T1:1000$ T2:927$ T3:800$
In my prior post (see related link below), I showed you how Action/Reaction works. In my Blog (see footer), I go over this in detail. Now price has arrived the the next Reaction line. This is a great time to observe from here, how the market reacts to this line. Will it trade through it? Will it be punched back and go south from here? Learn to earn - observe,...
1. Forks 2. Action/Reaction 3. Support/Resistance 4. Frequency Learn to earn is the best way to become a independent trader. Check out my website and start today. P!
Just relentless - You should NOT trade against this sweetie-monster, but trade WITH it. Although the Centerline is not superior, we catch the path of price with this Fork. ...go RUT...get my sweetie §8-) P!
Now that price failed the second time at the U-MLH, the rules tell me that there's a very high chance to shoot ...oh sorry...to short Tweety §8-) Target would be at least the Centerline (as explained in my free course material - see footer). Be aware that earnings are ahead next month! P!
ETC will have a hard fork & air drop at block 5500000 (around 5th March). People will receive Callisto 1:1. All the info you can find here: forum.ethereumclassic.org ETC bullrun is in the air for some weeks now, also mining profitability increases and with this airdrop price will be going up in my opinion. For long or med trades like that I don`t set targets as...
Here's a long term trade, so it will take about 2 weeks or more. Make sure you've got enough patience for this. You can invest 5% (or more) of your pool to this trade. This is how to trade: we've got buy-in range-> 0.00012 - 0.00014 and the targets-> (1) 0.000211 (2) 0.000262 (3) 0.000318 (4) 0.000473 stop-loss is about-> 0.000102 and the final dish.....
Or will it breakout trend, and find support from the Fibonacci retracement. I like the idea of an new ATH around februari!
I think strat is finally turning. Looks like we are still in a tunnel but once we break out it will probably reach 1200. So why do I think that, The BTC fork will be in few days which leads to free BTG, These BTG will probably be sold fast and moved in to alts instead. A lot of people have been talking about strat for a long time and when it starts to move, I...
So far, price was not able to close above the U-MLH. Instead it ran into the natural prior support, which acts now as resistance. With a second close into the Fork, after price went outside, we would have a very big chance that we see price much lower, somewhere at the Centerline. Bevor the Centerline, there's a natural support. It's a weekly level where price...
As you may know, ZCL is forking to BTCP 1:1, also known as Bitcoin Private. If you haven't noticed, all Bitcoin "forks" or anything with Bitcoin in the name goes up to a few hundred dollars. I think BTCP price will exceed price of most BTC forks such as gold, diamond and possibly even cash, but that can be debated. This fork actually has use "privacy", could be...