BitBookkeeper

BitBookkeeper

Heavy selling pressure here has taken us down to 751 from the 815 high. However this is just the second wave of the five subwaves within wave 3 in my opinion. This theory will be tested very shortly. Alot of panic selling taking place right now. If we can hold this level then wave 3 of wave 3 will begin soon.

BitBookkeeper

This is an incredibly educational trade! It will either break above .786 fib level for the beginning of a third wave or the second wave will correct down to .618 or lower.! So far oscillators and on balance volume are holding up! Keep an eyes on those supports and resistances (.618 fib retrace level for support, .786 fib level for resistance)). As always....be...

BitBookkeeper

Double to visible here. wait for confirmation break above 741 with conviction to go long.

BitBookkeeper

Raven did exactly what I said it would do today. This is an update to the same chart as before but on a shorter time frame. We have broken the downtrend and started a new uptrend with this impulse wave up. I have forecasted a potential elliot wave count. Be careful as I am not a prophet or a sorcerer. I only call what I see. The only question is will we hold...

BitBookkeeper

This is definitely a bullish sign as in many cases Volume precedes price action. It is very clear that the On Balance Volume is demonstrating bullish divergence from the price action on the 1 hour chart. This combines with the Triple Combo almost at an end to perhaps give $RVN a very nice bounce from these levels. Bears are trying hard to keep this down but if...

BitBookkeeper

Despite all of the FUD chatter saying that $RVN would suffer a massive sell off upon the release of the tokenized asset feature of MainNet this coin is being incredibly resilient. I believe it is still conforming to the TRiple Combo Elliot Wave Pattern. I have made some minor adjustments to my original chart in order to state my case. I would really appreciate...

BitBookkeeper

$BCPT continues to gain strength as demonstrated by the rising On Balance Volume that is measured on the chart. This coin has been in this trend since September 18, 2018. If it continues to gain strength it may eventually break out of the channel. Channels can go either way but we should always be looking at different indicators to see where a coin is likely...

BitBookkeeper Updated 

In case my previous chart may be off by a little bit on that Triangle ABCDE Wave. This is an alternative Triangle ABCDE wave count at the end of the triple combo.

BitBookkeeper

The triple combo wave correction that I have identified is coming to a close. We are now in the Triangle ABCDE wave. When this completes we should see a breakout. I will be selling half of my stash at the .5 Fibonacci level to be conservative. Good luck and GO RAVEN

BitBookkeeper

I had to get this out here as quick as possible...am refering to Robert Prechter to guide me in forecasting the coming Elliot Wave movements. Will keep you all posted with updates tonight! Good luck!

BitBookkeeper

$TNB is clearly demonstrating a textbook ascending triangle pattern. This will typically resolve to the upside with the 177 resistance that has been tested twice already becoming the new support after it breaks out. Definitely a bullish chart when you take the rising RSI,high OBV and the MACD that is about to make a bullish crossover. 204 is the 1.618 Fib...

BitBookkeeper

It looks like the 5th Wave of the impulse wave up was not very strong . We may be headed into a sideways ABC correction unless something dramatically changes in the coming hours. Sideways trading for the next couple of days with good entry points at around 750 Satoshis. As always be careful and be a reactive trader. I believe that 750 will act as a strong...

BitBookkeeper Updated 

This coin has massive potential to rise in the 5th wave. The volume is number 1 on Binance. I expect a correction now in this 4th wave. Load up 30% at first stop and the rest at the .618 extension level. There is serious FOMO here so be careful! Not for the faint of heart. Good luck!

BitBookkeeper Updated 

Let us know if you agree, disagree, or have any questions.

BitBookkeeper Updated 

Here are our thoughts on the near term future of Enigma. Lest us know how you fell about our analysis. All thoughts and opinions are welcome!

BitBookkeeper

Elliot Wave analysis of XVG/BTC. Make sure to let us know your opinion whether you agree or disagree. Be careful with BTC volatility as it has a tendency to affect Alt coins in a direct manner (when BTC goes down alts go down and vice versa). We expect BTC to correct one more time to 8,800 sats and then bounce to 9500 Sats in the next couple of day....after...

BitBookkeeper Updated 

The chart speaks for itself. Please let us know if you agree, disagree, or have a question. *note that the Target is 5500 not 5800....

BitBookkeeper Updated 

Assuming that Ethereum consolidates the same way that Bitcoin, Ripple and all the other top 20 coins I can think of have done after monumental gains and using Elliot Waves, the ABC correction wave, and fibonacci retracements it is clear that Ethereum will be trading in a zig zag pattern for a while. We will ignore the bullish EMA signals that are active at the...