I am testing my long term targeting skills and published this so I can look back over a year from now and check my work. This token is something I am holding. I am using the PPT/USD monthly chart. Last month just closed above the 8 EMA, so I am taking that as a signal PPT token is ready to go on it's next big run. I Plotted Grand Fibonacci lines projected out...
The gold monthly chart appears to be forming a classic cup and handle pattern. I expect a pullback that forms the handle. Price action has been on a nice run since August 2018. Now, with a new all time high achieved today. I think the bulls can take a rest for a little while. The new higher high has confirmed a bull market. Long positions do not have to keep...
Total market cap of all crypto looks just closed another week above the Grand Fibonacci line at $238.7 Billion. That clears us for more up side up to at least the blue trend line around $340 Billion. If we do manage to poke a a wick above that, then the next target will be around the next Grand Fibonacci line at $386.24 Billion. I do not think we are off to the...
LINK / USDT is forming a nice potential set up here. There is decent profit potential whether it goes up or down. Once I enter I will be putting a stop loss at around -2%. Spot move for this should be 10% to the upside. 7% to the down side (with potential 2 potential targets lower). I will be using 20X leverage on this, so I will be quick to take profits. At...
I am starting to see several things pointing towards a bottom around September 2020 around $1900. 1: Weekly falling wedge that should conclude around September 2: 1.61 extension from 2019 Top (June) to 2019 Bottom (Dec) points to $1907 3: Horizontal support from July 2017 at $1900 4: I have the S&P charted to bottom right around the same time frame as well....
I think the S&P is likely to see a wick down to around $2350 sometime in April, but will likely close the month green or pretty close to neutral. If I am correct, then that should lead to a little more upside in the next 2 months on the way back up to the 50% retracement of the March plunge. Top should be around $2800 before rolling over again. The 1.61...