What's going on guys! I've been remaining patient on Bitcoin and the crypto market in general. There are so many cheap, high quality projects out there, but the charts are telling me price has further to fall for Bitcoin, so it will likely do the same to a greater extent for the rest of the market. This is the capitulation that everyone is talking about. We...
Brand new and caught in the wind of the crypto craze, Cardano set some resistance points and has been moving sideways this year for the most part. It hasn't crashed quite yet if we set a floor, but it's been close because of other coins bringing the market down with them. We seem to have hit a double bottom of sorts with price if you want to look at it through...
Here we have XRP on the weekly chart. Unfortunately, As we can see, Ripple was one of the cryptos which retraced the most. To almost a 100% of wave 1! After 5 minor waves up, so far we have an ABC type of correction. If we assume that we are done with the correction, we can anticipate the start of wave 3 which is often the longest wave! However, we could get an...
If you've missed the boat on the latest breakout of the major descending resistance on $ETHUSD then don't worry, the triangle on the hourly that we're seeing looks very bullish yet again. Triangles tend to be consolidation for a move higher. We could get a fall below the triangle as a "fakeout" in what would seem more like a bullish flag channel but it'll likely...
Litecoin could head up to highs of $380. We could well be heading to our next support level near the 100.00 Region. Prices could go significantly lower after this as well!
Guys! the whole cryptocurrency market is not in good condition right? I suggest to you guys to buy it now and hold it Till after G20. Oh and also, anyone interested in ICOs these days? I was surfing around Youtube and found a video of an ICO that is gonna be listed soon I saw the video and thought this would be great for you guys to see. The video is pretty short...
COINBASE:BTCUSD BITFINEX:BTCUSD BITSTAMP:BTCUSD BITTREX:BTCUSDT ABCD harmonic ion action, to expected price of 22000usd around with a major resistance to this bull run will be market by 0.618 fibo level..
IOTA seems to be building a base here.. My buying orders between 0.50 and 0.35 USD have been mostly executed and I expect IOTA to test the downtrend channel around 0.52 USD rather soon. If it breaks out the 50MA (0.57 USD) and the upper Bollinger Band (0.64 USD) are the next targets... Only below 0.37 USD the correction could intensify one more time. BUY below...
I am a big fan of IOTA. The expected Head & Should pattern played out perfectly in the end although the market did everything to mislead bulls and bears during the last couple of weeks. I guess we just witnessed the bear capitulation.. Couldn't find any news that justify this sell off but as IOTA had gone up so much a nasty correction was necessary. All my...