Pinks

Pinks Feb 15, 2018

I discovered this interesting fractal pattern that appear to extend three levels deep. We are now in the range where we would expect a retracement to $7k if the current fractal holds up. This also coincides with a hidden exponential resistance. I believe there is a serious likelihood that we are going to see BTC fall to 7k.

Pinks Jan 16, 2018

A few days ago I posted a TA on Substratum . I have been forced to change my stance on this coin as it is displaying difficulties bouncing off the support. It is also forming an expanding wedge, which is a continuation pattern. This, combined with the falling value of BTC dragging the market as a whole with it, makes me pessimistic on the short term outlook for...

Pinks Updated  Jan 16, 2018

Substratum is displaying a bullish MACD divergence together with a Doji 4h candle on the exponential channel support. I believe these are strong indicators that a second runup in price will occur. The two previous runups peaked at the 2.618 Fibonacci extension of the previous one, which sets the take profit range at around 35ksat to 40ksat. Buying at the current...

Pinks Jan 16, 2018

If BTC -3.53% closes below the 50 day exponential moving average , we are going to $9k. I base this off my close analysis of the previous two years of daily candles. A close below the 50d EMA during a correction has always led to a further drop in price, normally down to the 130d EMA . It has also been common to see the price wick past the price set by the...

Pinks Updated  Jan 14, 2018

Modum is entering the buy zone. It is likely that it will remain in the buy zone, or bounce on support before entering it again. Either way, there will be plenty of possibilities for purchasing MOD tokens. I believe it will range until hitting the exponential channel support. From there on, there are two possibilities: The price might bounce on the combined...