Seems like BTC just saying stfu to all the bears again. However, there will be a day when the bears will celebrate (I think). We can see that a rising wedge has formed where new highs are being achieved but at a much slower pace after the uptrend. BTCUSD might tell me to stfu again but hey... my last BTC analysis wasn't too shabby :)
USD/KRW pair is testing its resistance. It is generally a sign that if you get a bullish confirmation from this area (green box), the bull trend will continue to upper red box. However, if it fails to break through, you will see a pull back, most likely towards the lower red box. Would love to hear your feedbacks. :)
Multiple Target Profit Zones and Includes Stop Loss. Big volume confirmation for ZECUSD as it broke out. If BTC falls, alt market will see a big increase across the board this weekend.
AEON is bouncing off the .764 and .854 fib lines. It seems to me like it will go back to its original trendline. A good shorting opportunity once it passes the trendline and it looks for a full 100% retracement.
A lot of people including myself were duped in figuring out Monero's next uptrend. After looking at things in a different perspective, I believe it will fall to the next retracement zone. Monero has a specific retracement pattern that I am not willing to share on here. If following that pattern, XMRBTC -0.97% should go down until 3rd/4th week of October....
Look for LTC to rally here after it hits double bottom target. Order books look bearish so trade with caution.
On a symmetrical triangle pattern. Please take note of support and resistance lines. Also noted are stop/loss and take profit areas.
Please remember this is a 3 Day Chart, so it will take a long time. I'd consider this a multi month / long term trade (Probably will hit its top Q1 / Q2 of 2018). There is a clear HIDDEN BULL DIVERGENCE when viewing DASH.
Updated study on BTC using 4 hour chart (instead of 3 day) As mentioned before, With Kakao announcement of UPBIT, we will see a tremendous bullish market in October. Also, I know for a fact that a lot of people will disagree with me but I believe Bitcoin is in an extended wave 3 (not wave 5 that everyone is saying). The chart you see right now is the entire wave...
Since my call for a bear run on Lisk, it had retraced beautifully on to the support. Now, on the 1 hour chart, LSKBTC seems like it has formed a really pretty ascending triangle. Usually, ascending triangles breakout for the better, however there still is a possibility that it can fail. Use stop loss to minimize risk and happy trading.
Lisk is in its Wave 1 of its big picture Wave 3. I see Lisk falling sharply within the next few days/week. It will find its support around 61.8% retracement level before shooting up for its new ATH. It'll give players that missed out on LISK to buy in or accumulate. Want to discuss more about lisk and this chart? Visit our slack. join.slack.com
A major dump off the past few days. Here is what you can look forward to. There is a symmetrical triangle that has formed. It will consolidate and break upwards or break downwards. Given the fact that we are on the trendline for XRP, we can most likely estimate that it will bounce up from it. Becareful of low volume fake breakouts. Good luck.
LTCBTC is testing multiple stuff right now. It's testing its support in 76.4% retracement and also its trend line. If bullish breakthrough, look for it to go on a solid gain. Stop Loss set to 10% Take Profit set to 40% Trade estimate: 10 days or shorter. Good luck!
Volume on OMG has been great the past few weeks. However, nothing has materialized during those weeks. Upon looking at the 4 hour chart, we can see a clear bear flag that I feel will start OMG wave 2. We should see a retracement of about 61.8% for wave 2. Bear Flag Pattern has about 67% Success Rate in terms of its reliability. So there is still about 33% chance...
Looking at ETHUSD, its showing me that the stalling is about to end. It's been playing on the support line and going up steadily during its consolidation phase. However, it seems time to take things out of the oven. For long term investors, buy up now. For short term investors, use my support resistance channels to know when to buy and sell. Good luck.
Big picture Wave 3 has started for Zcash. Very undervalued currently at $290.12 - $660,483,525 marketcap @ only 2,276,619 ZEC I have Zcash at $1,000 by February 2018. ----- Also, there are rumors that ZECBTC will be listed on Korea's largest exchange Bithumb. We all know what happened to XMR when it did. In one of bithumb.com CSS files, there is a call to a...
Was thinking that it was a good time to go back into NEOUSD and then I saw this. A really big H&S forming. The greed is telling you the "uptrend" will continue. There will be some sort of pull back while it dips which will give people hope, only to crush their souls. Use the fibonacci to find support.
Ark has finished off its Wave 4 retracements and will start Wave 5 soon. There is a possibility of sideways movement. However, I believe that wave 5 (because wave 3 was extended) will not be as big but still, the opportunity is there. Not a short term trade idea. Maybe 1 - 1.5 month. Note: Ignore the waves drawn out with orange lines. It is just meant as...