Hey guys, I'm sharing this with you all because it's such a gem. Ren is a buy, long and hold. The chart speaks for itself. Roseusd had a similar setup before a significant bullrun (see picture below). The setup of Ren is almost identical. As you can see we are currently at the best buying oppurtunity after the bottom. I know it's a lot of ifs and there are a...
Hi everyone, I closed all my bitcoin shorts yesterday around 18k usd per btc since my macro targets have all been hit. Meaning that I am bullish from now on. The reason for closing all shorts is as follows: - max 1.618 reached if in the case of expanded flat; - max 1.382 reached if in case of wxy for a full 2 or full 4 correction; - trend line channel hit from...
Hi everyone, In regards to litecoin I see immense problems. We broke the overall trend line and even tough we are at good support currently Litecoin gives no reaction on these levels. Zooming out into the bigger picture we see a possibility of a full cycle correction. Given that possibility Litecoin will correct like crazy. First support is around 30 dollars....
Hi everyone, Looking at the previous bear market I don't believe the bottom is in yet for Ethereum. We are short of a full correction and we need one more deep push down. I am rather surprised because of the bullish sentiment recently on tradingview calling possible bottoms. If you are long enough in crypto you will know that it will go higher than expected in...
Hi everyone, We are hitting a series of 4's making me believe that we are nearing a bottom provided that we make a 'soft landing' in a sort of diagonal style instead of accelereting once more. If this is the case and if we are in a last wave down to complete our structure we need 5 smaller waves down. The minimum target is 1370 USD per Ethereum ranging untill...
If the bottom isn't already in, we could be seeing this, another 50% dump, so watch out with your longs.
Dear HodlCrypots, Let me start off by saying that this won’t be an easy read and I truly hope it won’t be. Trading is something serious and needs a lot of time and effort before you can find your own unique way of trading and earning money. This is my way of thanking this community by not only taking my time to make and publish this idea but also by putting my own...
Dear HodlCrypots, As we all know BTC is making a complex correction from it's previous all time high. To anticipate the upcoming moves we have to assume that there is a basic underlying structure in all corrective structures. This is a scenario where I anticipate bitcoin to make an even bigger WXYXZ corrective structure. Keep in mind that this is speculation from...
Dear HodlCrypots, In addition to my previous bearish signal in the 1 hour chart I have found yet another bearish pattern in the 4 hour. If you see a bullish signal please share. I call this phenommenon a bearish UFO and if we look at the history we can easily say that these type of UFO's are the ones that won't beam you up lol. Again it's a bearish...
Dear HodlCrypots, There is still some indecision in the market. The spike up entered a no trade zone (at least for me). There are no bullish signals, at least I haven't seen one yet, but there are some legit support areas that could indicate another move up, but that was until I found this pattern. This amazing bearish pattern is hidden well in the RSI. It's a...
Dear HodlCrypots, Currently there is some indecision in the market. The spike up of btc entered a no trade zone (at least for me). While I was updating my chart for LTC I noticed a sweet algo target that had four (!) algo targets set between 64 and 66 usd. Either this is a huge coincedence or it must be an important pivot in the chart where going long is a...
Dear HodlCrypots, The following has to be considered making a trade in the current price level of 6515 usd for bitcoin 0.18% . There are 3 channels and in 2 of those channels the 4 tends to break out of the channel and soon after that the 5 ticks inside the channel. The (III) therefore hasnt completed yet. It will complete somewhere near the 5200 usd (that's...
Dear HodlyCrypoters, Since all other coins tend to follow big daddy BTC I can't make an analysis on ETH/USD without showing you guys what I got on BTC. Now some insight on what happened with BTC and what will probably happen: As expected a huge bullish horde appeared around the same time both ETH and BTC got into the mid-term bottom. I believe we entered a...
Dear HodlyCrypoters, Hopefully you guys bought in ETH/USD around 426-428 USD. At least I did since there were so many signals. The bottom was actualy a few dollars under it (421 USD) so I consider this a good call. Now some insight on why this happened and what is going to happen: As expected a huge bullish horde appeared when it got into this area. The RSI...
My fellow traders, The following has been observed: rsi is showing a pattern bullish divergence showing up volume flow is steady in this area second touch of trendline incoming in a triangle pattern (LH+HL) elliot wave count at the 4 to the 5 of the 5 elliot wave fibonacci points 0,1504, 3.618 and 1.618 allign together (extremely technical since the...
Dear HodlCrypots, This is the chart that I use to follow the movement of BTC on Bitfinex (as far as it is possible to do that). I have painted the important scenarios in different colors so that we can follow its movements. I believe that we are in a today newly confirmed yellow area. This marks a stabilizing area (bear trap) where it usualy finds a new (blue)...
In addition to my previous analysis the pivot points have been reached. This should be the bottom. It should go up to around 640 dollars now. All my positions are in. Stay safe and good luck everyone! PS: This is for educational purposes only. I am not a financial advisor. The sharing of graphs is meant to share my ideas with the rest of the community and an...