Hello Traders, If you believed all the BTC lovers... BCH is dead.... well I am here to tell you, big things will be happening in MAY. BCH will show the world what cryptocurrency can do! BTCUSD 1.79% brokc through the major trend line and is now desperately trying to climb above it, but facing massive overhead resistance (it will take a small miracle to break...
Hello Traders, This morning I woke to news that KUCOIN had ceased it's trading pairs of BCH :( thank you to FNE for alerting me to the fact. This is reflecting in today's charts among other things... BTCUSD is in real trouble with prices hovering around the major trend line and threatening to break through, which if this does in fact happen BCH will be dragged...
Hello Traders, it appears we have had a breakout, as someone may have hit the print switch on tether.... so you can see where BCH is sitting right now... if we can pass my RED RESISTANCE line, we maybe can complete this set of 5 wave impulse up... Now if I was trading this myself... I would wait for confirmation... but that's just me.... And remember if it...
Hello Traders, Quick update... I have just noticed a pattern forming - google -3.16% yourself ending diagonal and look at the pattern... then look at what I see.... is this possible? This is a very similar pattern to BTC... So I think this is an exciting time ahead of us, with the completion of this wave above our low of $760.00 we head into Primary Wave 3.......
Hello Traders, Quick update... I have just noticed a pattern forming - google yourself ending diagonal and look at the pattern... then look at what I see.... is this possible? I have said for a while now BTC is going back down, it was just a matter of how it gets there. I think BTC will turn at $6,116... and that then brings us into wave 3.... exciting times...
Hello Traders! My thoughts on BCHUSD -3.41% What if a lot of people are labelling waves incorrectly? What if we are in a typical BCH sideways correction and still in wave 2.... WAVE 2 failure occurs at 100% of wave 1 - so anything below $760 negates my theory. I'm just throwing this thought out there... is it possible, think about it for a moment.... I'm...
Hello Traders! My thoughts on BTCUSD What if a lot of people are labelling waves incorrectly? What if 5 was a truncated 5th then the bigger picture.... WAVE 2 failure occurs at 100% of wave 1 - so anything below $6000 negates my theory. I'm just throwing this thought out there... is it possible, think about it for a moment.... I'm not saying it...
Here's a quick update on BCH, I've had a few messages as people are worried about where we are headed... so here it is.... Hitting the 0.786 mark is an EXTREMELY positive sign of a healthy correction for BCH and a huge sign we can expect higher highs later this year! If this in fact is true and BCH plays the nice game for a change... bring on the higher highs...
Hello Traders, over the last few days I have posted some possible price paths with BTC and BCH. I have recently updated an BTC idea and if that idea comes into play, BCH could completely go this way. I'm not saying it definitely will but awareness is key. Safe and happy trading! Remember minimise your risk, use a stop loss. LNE. DISCLAIMER: The Legal...
Hello Traders, I am going to throw out a wild and wonderful TA due to the fact there is an ending 5th wave diagonal with in the elliott wave... ask yourself the question.... WHAT IF.... that last touch at $11,700 was the completion of the 5th and we are now correcting.... WHAT IF... what a lot of analysts are calling the D wave in the corrective wedge.... was...
Hello Traders, Today I saw a TA from a VERY well know analyst and I question his motives, seriously BCH $220 USD there would need to be some type of catastrophic wave failure for this to come into effect... so if BCH is supposedly going to $220 USD is BTC going to $3000? It's the same argument, and I'm not saying it isn't possible... anything is possible in the...
I don't trade Bitcoin itself, but I always chart it, because it helps me know what the rest of the market is doing, and I believe it's finishing wave 4, and then heading down to test resistance levels. We have a bounce at around $9280 but will it hold, BITCOIN like to test that really it still has what it takes and it has the support of the bulls so will give it a...
Hello Traders, Updating my last chart with overnight price action - we have hit $1200 and there was no real bounce, the battle ensues between bull and bear and at this point I think we are waving the red bear flag, at least until we test next support. I keep reading on twitter / reddit people are calling for BTC to test $6000 again.... my only concern with...
Hello Traders, some quick thoughts on BCH right now and over the next day or two, hopefully that is all the time the correction takes and we are onto wave 3 of the bigger picture. Any thoughts or comments are always welcome and appreciated. Happy Trading. LNE DISCLAIMER: The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit...
Hey Traders, this is BCH looking like having a truncated 5th wave due to the fact it is hitting critical resistance, with ABC correction soon after, with possible triple top, or C finishing as shown around where wave 4 completed. Although it is possible for C to retrace to just above where wave 2 started. So please let me know thoughts ideas.... I think if we...
After 2 days of consolidation I expect downtrend to continue with my original target standing.
It's like the moment you've been waiting for.... so you're excited... but it wasn't as good as you expected... So you hit bottom before attempting ANYTHING again :) up to $2,000 then down to $888 at .78 of wave 5 My first one.... please be kind haha