This is getting interesting lunarians! I prefer a last push higher into $23.55 to open a short. But that's just an opinion... Losing 22.47 is a bearish confirmation. Stay focussed! Let it play out... GOOD LUCK! We go together Together we are stronger Share and like I am not Bearish long term. I am a Bull of Bulls. Thanks God bless you! Proverbs...
Decision Time for BITCOIN! Did you check in on the crypto market this week? If you had not, well then, you may be in for a surprise...in a good way, of course. Bitcoin was back above $10K for the first time since October 2019. More importantly, it is also back over the 200-day MA. That’s notable because, as Tom Lee of Fundstrat put it earlier this week,...
What is the Wyckoff Method? The Wyckoff Method was developed by Richard Wyckoff in the early 1930s. It consists of a series of principles and strategies initially designed for traders and investors. Wyckoff dedicated a significant part of his life teaching, and his work impacts much of modern technical analysis (TA). While the Wyckoff Method was originally...
$EOS leads the 2020 rally and I can make a case that eos finished its retracement already. There is a slight chance that this transforms into a falling wedge to $3.29 but we'll see. Bulls need a move above Good luck! #CRYPTO #EOS
Seems that nobody talks about $BTT anymore. Personally, I would favor one new low before buying this. But you never know... I bought a small entry position and I will average down if we make new lows. #BTTBNB #BTTBTC
I am Very optimist. The price close weekly above $166.75 a green candle in $ETH is coming. Would be impressive though... I really thought that we would see a retracement... but here we are... Welcome to trading. Next levels to focus on are $167.4 and $174. Reaching $174 will be a bullish heads up! Come on $ETH! #ETHEREUM #CRYPTO
Lots of alts are getting close to the end of their subcycles. And so does $LTC We still a need move down with bullish divergences but we're really close... $79 is a potential target when we turn back up. PS: Losing 50.63 will invalidate the count. #LITECOIN #CRYPTO
Personally, I would prefer a move to $2.4-$2.34 before we move higher again, but we'll see. The move to $2.34 happened with bullish divergence. It's time... Are you ready? I've placed a stop at $2.24. Reaching that level would impy that we can see bearish continuation. Keep your eyes open! $LINK #CRYPTO #Chainlink
$BNB basically shows the same pattern I highlighted in other coins. We need a new cycle high to complete the iii followed by a new retracement eventually. #BINANCE #CRYPTO
$XRP long term: Short term MA's are providing support. Weekly close <0.214 is bearish Break >21MA will bring us to next resistance. (can turn out in another X) WXYXZ is still a possibility!! Breaking through resistance zone will bring us to R1 #RIPPLE #CRYPTO
I still think that $ADA can go higher (in USD) so nothing changed on my view. The only thing we have to pay attention to is $0.0347. It would be bearish IF we lose that level. Here are my targets for $ADA ABC target is $0.127 Impulsive target is $0.52 I'm steadily accumulating and will add more after a breakout. The stop is pretty wide so there's no need...
Nice structure here in the ETHEREUM Classic (The DAO). Solid moves. We are now at the previous X wave top. If this was a 2nd wave low, we are looking much higher, above $50 Expecting the support in the area of 4th wave of lesser degree and then another push on lower volume and divergence towards a possible 5. Time for corrective choppy days on this one. Good Luck!
$XLM is one of the coins with a clean count. I will use it as a guideline to look for similar setups. What's noticeable is the fact that there's bearish div on hourly timeframes so we'll range a bit now. The second subwave of iii was simple so 4 will be complex. #CRYPTO #XLM $STR #STELLAR #STELLARLUMENS
Will Ether Remain a Commodity After Ethereum 2.0 Upgrade? The Ethereum 2.0 Upgrade Explained When it comes to digital assets powered by blockchain technology, very few have been cleared by regulators from the status of a security. In fact, there have been just two: Bitcoin and ether. The latter constitutes the only digital asset that was funded through an...
This impulse looks a bit weird (look at the 1/4 overlap). Another option is that it isn't an impulse and just the start of a bigger move. Current wave looks done so I expect a (small) retracement. Pay attention IF we lose $0.225 and $0.215. Ripple needs a move to $0.23092. Only then we can become long term bullish. But I have to admit that this looks...
I believe that $EOS needs one more high to conclude the third wave. Coming days will be choppy (see chart) +$5 around the end of February? Hmm maybe... Losing the support zone will be a bearish warning. #CRYPTO #EOS
People always tell me that gold is a hedge against inflation. This is just gibberish... Gold has NEVER been a hedge against inflation, otherwise it would trade at several thousands now. #GOLD $GDX #XAUUSD #IRAN #USA #TRUMP #BTC #STOCKS #GOLD #XAUUSD #IRAN #USA $GDX #GOLD #XAUUSD $XAU
Been a while since I took a look at $BCH but it seems that this one is currently one of the cleanest counts out there. Here is are my short term and long term counts for #BCH. Will we see a bull market until the second half of 2020? #CRYPTO #BCH