#BTC If we see a bull structure on a short timeframe, then perhaps we have reached the end point of the completion of the correction. Also, if the market finds support at this level, we can see a wobble of almost $ 5,000.
#BTC The descending channel still directs the market movement down, we can work out the bear pennant. As we see, the market fails to consolidate above current resistances. To get a reversal, most likely, we will look for the soil below. 3580 is a good support, but nobody canceled the opportunity to break through the levels below. You should not panic, such...
#BTC 3D Further development of the market may look like this. If we consider the last wave of growth and price correction, then we see that the market was able to roll back to almost -82% percent (in the current situation it may be around the level of 3600). 4800 is a good support, but nobody canceled the opportunity to break through the levels below. As a rule,...
This is my prediction for Bitcoin in December 2018 As long as 5500-5000 is protected we shall see a thrust move and an upsurge in the shortest span. Major shorts will be covered in losses and a "MID TERM" Bull run is in the charts
#BTC The current level provides a good opportunity to open a short signal. With the purchase of 6900 and the extreme at 7100. Level 7350 is a stop order. BTC short trade opening: 6700 target: 5500, 5300, 5120, 4900 Stop: 7350
#BTC In the 1-hour format, a pattern of bearish flag appears, which may indicate a short-term fall. BTC short trade buy at 6400-6490 Target: 6300-6210-6110 Stop-Loss 6560
#BTC On a 4-hour scale, bounce off the bottom of the Ichi cloud, if the current level holds the market pressure, then we are more likely to move to the upper limit of the cloud. If the daylight candle is successfully closed within this cloud, we will have the potential for further growth.
STORMETH looks like it's going to pop agian. We have been consolidating since the last pop (see my linked post) and have been in a tight range. We look to start a new 5 Wave sequence. I have put down a stop-loss on the chart. This should happen in less than 6 hours. I will update if needed. Cheers -AB
#BTC In the 1-week format, the price tests 50MA, which is a strong resistance. To break through which, probably, the asset does not have enough strength. We can drop to the support level of 8100. In 6-hour format, we can roll back and get correction from the last growth of 61% (Fib 0.618 level), where we will form another impulse to continue the bullish trend. In...
XRP is most crazy and never surprise me when a sudden move comes. Either BUY > 0.50 or BUY now your wish.. its going to trade near 0.9 in no time
This is VERY wide range and I am totally aware of such. I am reading multiple waves and first most conservative target is near 500 mark by end of next month ? That sound crazy but who knows what is ahead of us. I would not like 500 by next month end as it will be a sudden death, a more gradual approach towards 500 by end of 2018 is preferable. 1500 is not an...
So back in January I predicted that EURUSD is Highly bearish when it was trading at 1.25 and the first target was predicted to be 1.15 and followed by 1.10 or even 1.05 (see the linked Idea) I suggested to cover some shorts around 1.15 which is a medium term support and can withstand for another few weeks to few months (maybe 6 months). Currently I see a...
BCHUSD has broken out of the downtrend channel that it has been in since reaching all time highs in Dec-Jan. The price broke the downtrend channel between the Fibonacci numbers of 1.414 & 1.618. We have seen a recent spike which has only retraced 23.6% which suggests we are going to have an extended wave. The first target is at approx. BCHUSD $1269 (1...
BCH Rating: Sell COINBASE:BCHUSD BCH is currently in a ZIGZAG correction made up of 3 Waves (A), 3 Waves, (B), and 5 Waves (C). We are in the 3rd Wave of the C Wave. The Terminal point for Wave 3 is 1.618 of Waves 1 & 2 respectively. The 3rd wave will ride the Fibonacci Spiral before breaking into the 5th Wave. See the Chart for Targets. Cheers, AB
BCHUSD looks like it might be ready to break out. 1. Fibonacci Spiral 2. 100 MA beginning to turn 3. 50 MA has turned 4. Fibonacci Time Series 5. Elliot Wave 6. Inverse Head and Shoulders = Breakout? Cheers, AB
LTCUSD has found a bottom at the "Dead Cat Bounce Level". (See previous post) My analysis estimates that we will see a break out in the next 3 days. I have Fibonacci extension targets of 1, 1.382, and 1.618. It looks like we will bounce off the Long-term downtrend line 1 more time before finally breaking the trend. I will keep you updated. Cheers - -AB
LTCUSD had a 5 wave downtrend wave and has completed A & B Corrective Waves. Well we did not hold my stop-loss from my last post (Linked) so LTCUSD still wanted to correct. I am looking for an ending C wave target I calculated from Wave A & B at the Fibonacci Level of 1, 1.236, and 1.382, and 1.618 (as shown). The C wave will be the beginning of a new 5...
Steem has been on a roller coaster since it's release. It's seemed to have formed a nice symmetrical triangle which is a nice but signal for short term gains. If the candles remain tight over the next day, expect a nice pump in the price coming up to previous resistance levels. Potential for nice short term 10% gains, with a 4-5% stop loss to prevent against FUD.