Full disclosure, the kidney auction will be open to all, can be payable in BTC. Auction will be held down at the 23% fib. But in all seriousness, we have weekly 50% fib and 1.61 extension from the smaller subwave. If a weekly candle closes below this level I would reassess. Not worried about any wicks though. Anything lower that 7700s starts to invalidate...
A new Matrix movie is coming out in a few months? Coincidence?... I think not... Neo is the one. The one coin to secure those profits for 2020. Whats the best part of waking up you say? No. Its not Folgers in your cup. Its Neo... Fill your cup with Neo this morning. :)
Massive volume down here and consolidating under resistance I think we see a large move up very soon... Targets in green :)
Its been said the long short data is not always a reliable indicator, I've found mixed results with it so its not something I primarily look at. But... I will say this looks pretty interesting... Last 3 increases in shorts involved them getting whacked... We shall see...
Only 61 sats right now... 49,54, 58 are also levels to ADD if it drops anymore. Targets in green :)
Something tells me that trendline might be important...
Hello fellow traders, XTZ has finished its ABC running flat correction after being accumulated in two fib zones for the past 2 weeks. I think we are just starting a wave three so my minimum target is at least $2.50, if we have good volume my targets will be fibs above that. Good luck with your trades! :)
Here we have EOS which looks to be breaking out of its falling wedge in its USD pair with trend retest. Also its BTC pair looks to have formed an ABC from the top and finishing out in a terminal triangle wave. I'm longing this here. :)
I'm not an elliot waves expert by any means, but if we were in a flat corrective wave, this could definitely fit the bill. 3-3-5 with the subwaves counted. Will have confirmation if we see a volume spike soon...
A possible fractal after the 6k breakdown in 2018. Same impulse after support break. Same rally toward resistance... Now we wait and see, if breaks to upside it should be big if fails to break resistance we could see downtrend toward daily 200EMA at 5400.
As we look at both the daily BTT/BTC and also the BTT/USD charts we can see that BTT has finally broken its downtrend on the daily chart. There is plenty of room to run on this one. Fib levels and areas of interest for potential targets marked in purple.
I'm keeping my eye on the EXCHPERP index from FTX as it seems to be forming a falling wedge pattern. Also had some nice price action on the 23% fib. I will look to long the bottom area, or long the breakout which it seems to be flirting with right now. Potential targets are listed.
Merry Christmas everyone! As we approach a new year and halvening for BTC I figured it was a good time to make a post on overall picture. Will we stay bearish forever? Does the trend continue to favor the bears? Well it does... until it doesn't...... This is mostly a volume analysis on the hourly charts, and after having some consolidation the selloffs appear...
Possible fractal idea here. I usually don't trade fractals but this emotionally feels similar to the last major impulse wave up coming down from 14k so it would make sense that it could follow a similar fractal. Lets see how it plays out! BITFINEX:BTCUSD
Well bulls really pushed today and temporarily broke that downtrend line, was impressive, but were unable to break 9k and put in a higher high. So then we can look at the lows, we have two key fib levels to hold, with the bottom one marked with the bigger arrow also being the neckline to a possible head and shoulders pattern. If that breaks ironically enough the...
Just a quick alert here for any followers, this thing has been charged up for a while, a ton of volume under that 23% fib, airdrop in 2 weeks, and opening BBs on daily. Basically the perfect combo. I bet we pump all day.
This entire correction we seem to have been in a falling wedge, but I also noticed a longer term (about a year) rising wedge on the log chart. We are also under daily and 4hr cloud with bearish TK cross. With exchanges barely being able to let new money in for account registration etc, and robinhood allowing crypto trading in the near future, the only downside...