This trade is based on the premise that his past daily candlestick might have back some ground to provide a buying opportunity. The technical tools we are using involve a fibonacci trend extendor. We took the base of the rally from 11/25/2017 and extended it to the first severe retracement from last week and extrapolated it into where it might be a good idea...
XVG is still in flight, waiting for volume to increase. Seems like I misred the chart slightly in my previous TA, C correction wave was still in effect. We will most likely continue our trip to Pluto within the next few hours. HODL on guys!
Looking at the first giant jump to nearly 20k$, I took a look at possible patterns that might have prompted it. One noticeable inverse-head-and-shoulders jumps out at me. Could this be similar? Check out the fractal-like copy at the very end, just finishing up.
Based on the fractals and comparing the first set of impulse waves on this chart (within the green circles), it's clear that powerledger bottomed on the 11th and began a new impulse wave. Currently at the beginning of wave 3, I could see this testing former highs on this next wave up to 16.8k. A large correction will immediately follow, taking us back down near...
Look at the inverse price correlation from Verge (XVG) to Zecoin (XZC). Looks like there may be potential for the same group that pumped verge to carry over to Zecoin. Interesting to see if this plays out. If so, XZC price is still pretty low as it's only in the middle of the second wave.
Look at bitcoins fractal from april 2014 to the moonshot we are in now . Capri coin is showing the same fractal. This is a phenomenal oppurtunity. I just dumped like 500 dollars into this. It could turn in to a hell of a lot more than that. Big volume and rounded bottom for support Bulls have woken up and we should continue to rally HARD
fractals and pattern recognition. time line questionable.
I posted yesterday about a potential H&S situation with Bitcoin. 1h chart shows it almost being a sure continuation of the correction at this point. Neckline is based on the 4h chart for better accuracy. We may see a bounce/reversal off of 8k, but I can see it going in to the 6k territory if we pass that support zone. Trade wisely!
Bitcoin is a definitely at point where no one is really sure whats going to happen. I merely offering one of many combos that have taken place and could play out. I've looked at the chart several times and have seen many different scenarios but for right now these levels have to hold at 13000-13300. Good luck with your trades if you're not hodling from lower levels
Just like the last time: cloud acting as a resistance, price dropped to 200MA which is now acting as a support. Pretty good chance to go long for those who missed the bottom and were looking for a pullback to get in. This is your pullback, use it wisely. Assess your risks!
Hello Traders, AUDUSD has reached a significant level and produced a sell signal from said significant level. The correction is set to be a big one and should come in an impulse fashion.
Another angle at XRP/BTC movement. Look at those smiley faces. Doesn't this current 1h / 30m candle look like a doji that we've seen before, on the previous move up? Lovely bullish divergence. Down on the 30 and 15 we can see some pennants showing a move is underway. Good stuff. Target 8500 Good luck.
Place your bets bitcoin at crossroads!
A bearish outlook for btc could mean a massive bullrun on bcash
OMG has consolidated for a good number of days between $13.5-15. Once it breaks the resistance, the next stop should be around $24 before it moons more. With all the new fiat money flowing in, $36 also seems quiet feasible.
I was a little off on the first breakout. Updated it to reflect the massive ascending triangle getting ready to close. Can't believe I was blind enough to miss it the first time, but it's still following all trends perfectly. Should be fun to watch it moon.
- hidden bullish divergence - stoch just flipped to bullish momentum - M top on btc signalling bearish short term movement - W top on waves, signal bullish reversal w/ top bband tags to follow - repeating fractal on btc (not pictured, but you can see it with the M top that just occured) with the next leg being bearish - super bullish signal with price crossing...