XVGUSD had a massive run up leading into 2018. Q1 has been a pure corrective wave since the New Year following the market. As the big 3 start to correct more, I'm betting that market cap will flow into other quality coins, XVG being one of them. As it has two major milestones coming up for Verge with support for RingCT and RSK contracts. It's headed toward the 1D...
BTCUSD has been in a large scale ABC corrective wave which had resulted in a sharp ABC corrective for the first macro A, extended ABC impulse for the macro B, and then a further extended 12345 wave to head lower. The bottom of the 3rd saw BTCUSD tag the centerline of the 89 EVWMA on the daily chart. It had good temporary support at this level as expected and moved...
LTCUSD has been consolidating for almost a month after its big run. It looks to have found support of the 89 EVWMA, bounced off the 0.382 fib level, and long-term trend line. The current bullish movement could be the formation of a 1-2 setup for the 5 wave higher to 380$. Buy after confirmation the 2 has completed by bouncing off 245 - 250 range with...
OMGBTC has been consolidating at the $20 price for awhile. With the bottoming of BTCUSDT and subsequent rally into the 17k, the reaction on the trading pair to these events looks very promising with a 89/233 prior to the BTC rally and the uptrend holding through the 3rd wave. OMGBTC will continue to move slightly higher and retest key levels before breaking out...
The move higher began a day earlier than predicted as fresh buyers starts the New Year off on a positive note. Looking at the 1H chart, the 89 EVWMA crossed over the 233 EVWMA and the following corrective wave retested the 0.786 fib level with a nice bounce. The trek higher has started and once it surpasses 15.6k it will confirm the upward move to 17.3k. Small buy...
XVGBTC has completed its 1-2 wave formation and is now entering the 3rd wave of the set. This timing lines up with the release of Wraith Protocol. As XVGBTC gains more attention, it will move higher and follow similar moves made by other previous Top 25 coins and reach 1$ valuation by the end of January; 400% return at current price. The technology behind XVGBTC...
XLMBTC had a major move to the upside and tripled in only a few days. It's way overbought at 4000+ sats and a necessary correction is on the horizon. After it corrects and test the upper range of the breakout channel, buy on the first green candle on the 4H / 1D chart for the ride up to 10k sats. ETH: 0xcF29F645D7618f3F0588c2876A5A4d1CFec00a51
BTCUSDT is close to completing it's 4H 5-3-5 corrective wave. The initial 5 wave led to 40% reduction in price and bottoming out at 11.2k with a subsequent 3 motive wave rebound to the 1.618 fib level at 16.5k. The final 5 corrective wave has been a muted with sideways motion indicating a shift from bear to bull. The final leg could be truncated and retrace to the...