Comparing Gold cycle 1980-2010.
ETH looks to be playing out the same Price Action as BTC, but at a delayed pace. Long ETH to $600.
HERE WE GO AGAIN... I can show you the world Shining, shimmering splendid Tell me, princess, now when did You last let your heart decide? I can open your eyes Take you wonder by wonder Over sideways and under On a magic carpet ride A whole new world A new fantastic point of view No one to tell us no Or where to go Or say we're only dreaming A whole new world A...
For an ICO to give you a positive ROI, history shows that an average time frame of 6-9 months is needed before the market starts to move into markup phase. This time frame is shortened as the bull market gets closer to the end, as time frames compress, and price action accelerates. Furthermore, towards the end of the bull market, the returns in % become much...
It's impossible to guess tops. But let's just try anyway. Theory 1: By Elliott Wave Theory, wave 3 is the longest and wave 1 and 5 are the shortest. By this logic, wave 5 should end at 6.8k or lower. Theory 2: Bitcoin market exhibits high levels of emotional behaviour - evident from historic cycles of extremely volatile price action, characterised by...
Long gone are the days where it's a simple "BTC UP, ALTS DOWN" and vice versa. In fact, I would say that it now resembles more of a general "BTC UP, ALTS UP" and vice versa, though it's not as simple as that, with many small waves within waves, each with its own unique characteristics. However, in the grand scheme of things, you can probably tell that both go up...
Reversal and break-above the long term downtrend trendline, with significant volume. If holding any ETH, I would convert them all into ETC right now.
2017 is setting up to be a great year for Bitcoin and Altcoins! I pointed out in early Jan 2017 that the 2 big plays of 2017 would be $ZECBTC and $ETCBTC, and that I don't see this happening until somewhere Mid-2017. More recently, I expressed that ETC has the potential to outperform ETH. twitter.com Not taking any position just yet. Otherwise, consider a...
Since its reversal from the bottom of sub 10k, $LSK has been consolidating between 0.00021-0.00037 for the last week or so. We have about a day or less before we break out of this triangle, hopefully to the upside. Buy the breakout, or the throwback, coz if we go up, this move will be big.
Just sharing an inverse fractal idea for Bitcoin. Feel free to comment. Market Update: SEC rejected the Winklevoss Twins Bitcoin ETF earlier today. This makes BTC short term bearish, with downside targets from 780-880. However, we are still bullish on the larger timeframe, with possibility of SegWit activation if Core vs BU can settle their issues,...
Maybe this happens? Weekly closes in a couple of hours, and will be interesting to see what happens next.
After breaking out of a long term downtrend (since launch) in late Jan 2017, we made a local high at 0.00339911 and been bleeding out since. Inverse H&S forming here with the neckline resistance at 0.0021. Breaking above with good volume will confirm the reversal. If volume is significant, we can see this lead to a quick continuation of the bull trend with new...
Gold may have bottomed out here, and this could mark the reversal of a 6 year downtrend. Looking for a buy around 1200 range.
This is an update to my post earlier last year: We've more or less come to the end of the "Launchpad" phase, and we're gearing up for the big PUMP above $1200 into unchartered territory. Targets are $1400, $1800, $2800, $3800....... Nothing much to say here, other than see you on the moon!
BTC/XAU has come close to parity 3 times, first in 2013, second in Jan 2017, and third in this ongoing rally towards breaking ATH. Typically, BTC/XAU has had strong rejection between 0.8-1, depending on the value of BTC on the exchange that you consider. XAU/USD just painted a reversal on the monthly, which could signal the end of a 4 year downtrend. Unless...
Target hit on $MAID. Waiting for a heavy retrace within red trend lines into sub 10k satoshi before rebuying. Look forward to a breakout mid-2017 with >2-3x returns from 10k.
If we can break above $55.2, I can see this going to $62.5-$63. Trade Oil, Commodities, Indices & Forex using Bitcoin here: 1broker.com evolvemarkets.co
Bitcoin BTCUSD has been in a Bull market since its reversal in late 2015, breaking the prior 1.5 year downtrend. Since then, we have broken $300 -> $500 -> $800, and we're currently on our 3rd leg up. Expecting this leg up to have another 2 weeks left in it, and able to bring us up to 1250-1400 area. A break above previous ALL TIME HIGH (1150) will signal a...