joe2411

joe2411 Updated 

so originally analsed btc in the 4hr and daily charts, seems i was on the right track. pull up the weekly and we have an impulse 5 wave structure from the top. First move down, 2nd move down touches 1.618 and gives us a 2 wave 4th wave oullback. te idea of a simple abc or wxy no longer makes sense which also means that iriginal trendline WILL be broken through to...

joe2411 Updated 

Been a while since i used log scale however started reviewing charts with it. Im sure its on everyones mind including myself whether this BTC has finshed its corrective structure or not. No matter how good your analysis is, nothing is perfect so we look for other ways to reassess our analysis. Givem the recent moves in crypto space, some coins 1x2x3 etc of their...

joe2411 Updated 

A head and shoulders retest to the broken neck. lots of resistance. Also matches to a WXY corrective structure for more downside. ETH lead the way to the bear market. is it doing it again? Critical time. If fails we headed to under $300 as per my original analysis. we only have a little extra room to move higher slightly but pattern still val8d

joe2411

EOS has had a big run up along with many of the alts however things may change very soon. This new run up has made a 3rd wave extending past 161.8 which means we should see the final 5th wave possibly touching the 23 fib retracement of all time. thats assuming it doesnt go down now as its been rejected off the 38 fib retracement. i still beleive we have one more...

joe2411

XEMUSD appears to be making a bull run however after reviewing the long term view and log scale, we may see a different picture? There is a massive channel which still has some distance to go to reach the other side. Another WXY correction as per analysis can be viewed, check chart for explanation however we may see XEM going through a dump sooner or later and...

joe2411

With Verge dropping a massive 30% just today, massive sell volume on this crypto. Could be the completion of a running flat and the X part of a complex correction and a continuation to the down side. We can still have a potential break above the last high, doesnt change the stucture however we can also move down from here. My initial entry target was way down...

joe2411 Updated 

im anticipating a final wave down on eos to complete wxy down to $3 area. looks like a flag formin and respecting the wedge channel with the latest drop. if the flag breaks down we should see the buy zone area of $3. keep eye on it. eos seems to be one of the few thats been holding it price but we may see it come down shortly

joe2411

BAYUSD broke out of initial wedge, pulled back and made new low so we now have a new wider wedge by readjusting the top wedge trendline. it appears to have already made a flag and broken that as well. now testing the breakout. most probably going to continue down further to our target entry level around 1c usd. if the break retest fails again then we should see an...

joe2411 Updated 

As an investor if crypto myself and more recent analysis for potential entry points on the new bull cycle i had been noticing alot of my analysis targeting the 88 fib retracements. im quite surprised to see the market retrace so far but then again this is volatile crypto. as i was conducting my analysis the thought crossed my mind, what if the total market cap...

joe2411 Updated 

LTC has made an impulsive move recently and bounced off the 88 fib where a Bat pattern normally completes. If Ltc fails to break out from the trendline impulsively we can easily see ltc drop down to the 1.13 to 1.27 PRZ which is the $60-90 range. we have had many bat patterns fail during this corrective period and the bat pattern stats on cryptos havnt been very...

joe2411 Updated 

My EW count seems to differ of opinion and that the cycle is not completed. Wave 3 must extend to at least 1.618 which only the last low had done. In addition we need divergence between wave 3 and 5. There is none, there will only be once the new low had been completed. What is happening here right now is that we are going to make a flag for the final push down or...

joe2411 Updated 

Nice sell setup on XVG, respecting the wedge trendline heading down to our target entry for long term hold around $0.004-0.005c

joe2411 Updated 

EOSUSD EOSBTC may be potentially producing a running flat in the middle of a WXY correction? With BTC in correction and awaiting new BTC lows, Alts seem to be following. EOS may see a little further upside but could just be completing a WXY corrective structure. We have the all 88 Fib from $0 sitting at $2 which also coincides with a 1.618 extension of the first...

joe2411 Updated 

ADABTC wedge looking to complete an ABCDE or 12345 pattern down to the long term optimal 88 fib retracement level for buy zone which also co-incides at the 1.618 level of the initial down move. This equates down to around 1000 sats level which would also wipe away all the gains it made last year and should see a big volume spike of interest again. If BTCUSD doesnt...

joe2411 Updated 

DGB seems to have broken out of a crucial eding diangonal however, a ending diagonal usually penetrates the lower trendline. In this case we have DGB breaking the top channel appearing like its ready to go however, it hasnt completed a normal ending diagonal, the move up seemd stratight ABC as oppose to 12345. In addition, we still have the 88' FIB left to go...

joe2411

I thought Power counted go further but the current pattern looks to be setting up for another sell. hardley any volume there, nice ABC pullback,a break down down go down to 3000-2000 sats level

joe2411

Interesting chart on NEO, it looks like its bounced off the 61.8, pulled back but hasnt completred the move down to the 78 to give us a nice Gartley Pattern setup on Daily. It started to go down there but doesnt seem to have completed which makes me think it may retest this level down to the $42 area. A WXY pattern looks to have completed but not confirmed. This...

joe2411

Etherium has been freefalling, we potentially have a WXYXZ pattern playing out with further downside down to initially the 78 fib at the $350 area or potentially down to the 88 fib at the $200 area. An ending diagonal/wedge could be forming with potential upside temporarily to the top channel finsiihing an ABC correction with a breakdown to our 2 target areas for...