Those of you that keep in personal contact with me see me do TA on coins like LTC, EOS. I don't make these public usually for a few different reasons. Today I give you guys a late LTC call. Plenty chance to hop in on a drawdown if you are looking for an entry. This is a V wave, but it can easily pass our V target. Be prepared for either scenario.
If you don't know the drill by now I think you need help. Watch for possible rejection near the E target of our last wave, linked to this post. Frankly this looks like an E wave. God help us.
BTC has just broken up past its previous high making a new wave. B has been breached and the targets are already confirmed. Watch for a possible rejection. I would take profit on riskier/larger positions at N and V. But it seems to me that this is an E wave. It seems all bitcoin likes to make lately are E waves. Keep in mind the possible rejection at just around...
The chart is complete with notes to explain my thinking. People ask why I have been so bullish on ETH. Aside from ETH currently being in a bull cycle> More about the time cycles of ETH and the price targets for its current movement explained here: ETH is also completing a massive pattern on a larger scale that is getting me excited. This five wave certainly...
Chart is self explanatory. If we breach B with confidence we are likely to hit the projected targets. E target seems overly optimistic but again, this wave looks like an E wave. Trade with caution and best of luck.
Chart is self explanatory. If you are don't believe the bounce and are feeling bearish, here we have a game plan.
Chart is self explanatory. ETH exited its bear cycle 2 weeks ago. Possible local double top at ~348-349 can be expected. If we Breach this high with any confidence we will almost certainly at minimum hit our previous ATH at just around 420. If the bulls manage to maintain control past that point, ~495 is well within reach.
By making another all time high, bitcoin has confirmed the following projections. A=5400 B=7589 C=6917 N=6917+(2189)=9106 E=7589+(2189)=9778 V=7589+(7589-6917)=8261 NT=6917+(6917-5400)=8434 This wave, frankly, looks like an E wave. But I will take profit at the N target because I like to limit risk.
By making a new all time high, BTC has activated the following price targets V=6934 N=6033 E=8000 I have identified this as a V type wave, evidenced by price structure and 61.8% retracement. For this reason I have confidence in the V target, not so much our E. But we must keep in mind that the further we keep going up the harder it is to sustain. For this...
Chart is self explanatory. Bull calculations if B is breached are as follows: V=4828 N=5119 E=5466 possible rejection NT=4772 (NOTE) We have breached B. Wave structure says this is an E wave. I expect our E target zone to be hit
In case you've been feeling bearish. I'd probably trade on this if we breached the locallow at ~280 Applying macro ichimoku number theory, we can see that we have just passed our 129th day candle. We can see that we have already had a reaction to reaching this point of the cycle. We can expect some sort of impulse at around this time. It is good to be prepared...
ETH has been making bull fractals ever since the bulls regained control on descending 2 hour candle number 9. The smaller time frames show bullish action while the larger ones point to possible downward movement. Conflicting signals, oh how I love them. Number theory on both the macro and micro time scales are telling us to keep our eyes wide open to look for...
****Bear projections in progress**** Ichimoku number theory told us to look out for impulsive activity at this time. You can see the candle counts support this. We appear to have a trend change that has begun at that ichi number. This upsweep has just barely breached our projected possible rejection point and is sitting right above it, and flirting with the...
Ichimoku number theory suggests that something significant may be about to occur at this moment in time. We should be on the look out for impulsive price movement. This is suggested by the candle/bar counts present on my chart. Keeping this in mind, we can see from our cloud visuals that we are attempting to breach out of the upper span of the kumo, this is...
Ichimoku number theory suggests that something significant may be about to occur at this moment in time. We should be on the look out for impulsive price movement. This is suggested by the candle/bar counts present on my chart. Keeping this in mind, we can see from our cloud visuals that we attempted to beak up out of the kumo and may have failed. This occurred...