BCH/BTC had a nice retrace back to $750 ishh. When a coin breaks out, it falls back on its support in most of the times. This is where I bought in ($1200 ishh). BCH/BTC formed a nice bottom. After such an correction, is this an example of a situation where the risk to buy is lower then the risk to sell. The buyers therefore are in a better position and will gain...
Chart speaks for itself. Notice the similarity in impulse and retracement waves. Personally I sold my XRP at $2.5 ish. Now I let the waves ride downwards towards the point where a bottom is formed. Then i will decide further.
So here is my idea about BTC. I see an inversed head and shoulders forming with resistance around 9.9k ish. MacD and Rsi show same oppurtunity to form inversed H&S. The 9.9k level is veeeeery important. If volume increases insanely and the resistance is broken, I think we are off the moon again. If the volume isn't increasing and resistance can't be broken, we...
LTC is just beautiful. Made a full ABC towards 0.786 and bounced. MACD positive. I'm trading LTC for the longterm. The future looks bright!
ADA's Marketcycle (12345 purple) made an 3000%+ profit. After such new paradigms and overvalued heights, corrections will follow. Now notice that I've marked the 0.786 fib level. This is a common level for forming a new strong support, after an ABC correction have been happened. For the long term, I think ADA/BTC is a great coin. However, to start a new cycle...
TRX broke out! Volume confirms. Chart speaks for itself. #HAPPYTRADING #LOVE
VEN made a crazy run up (2700%+ profits) and is now in retrace modus. The A has formed and the B and C will follow. How this retrace will continue, nobody knows, but it definitely has to go way lower. From here we start acc. and get ready for the fifth wave. I'll make the trade active, when acc. zone is reached. #HAPPYTRADING #love
So I'm positive about BTC. Its in the fifth wave of its correction. We saw the A and B (5-3) and now C(5). This is more clear on the MACD where we see 5 waves. I think we're going down towards the 6500 ish levels. This is the point where its extremely oversold on the daily RSI and the fifth wave (MACD) is ready. From here the beautiful 'moon' is in sight. Get...
However it is not my personal favourite coin, TA (technical analysis) never lies. So XRP is a beautiful example of crypto. They can boost in a couple of days towards a new ATH (FOMO, hype etc.). However, the correction will last much longer. This was an expensive lesson to the ones who bought in around $2 or so. Remember a coin has to recover from its huge...
Here is my chart on Aragon. We see clearly that the downtrend is broken and is now changed in an uptrend. The cup and handle fits here perfectly, if it plays out. I put my wave count with it, so you always have insight in what and which stage you are atm Target cup complete & 3rd wave: 160k Target 5th wave: 400k ish
UBIQ on the daily. UBIQ is slowly forming a cup & handle formation. MACD supports further upward movement towards cuppoint. This would fit perfectly in the wave count where the completion of the cup is the 3rd wave and the handle the 4rd wave. In the bigger picture this is part of the third wave from the super cycle which will end around 260k ish. At this point I...
So here's my chart and opinion on BTC. I see the chart still moving between its support & resistance. This leads in an ABCDE type of correction. This type is still in play because of the 3-3-3-3-3 form is still intact. I think we're going to see the D ($13.4ish) in a couple of days. This is going to be a point to watch carefully. When the volume increases that...
LEND is currently in a triangle. This triangle is the correction modus for the second wave. As we can see LEND need a lot more volume to make the breakout work. Wait for vol. confirmation and the third wave of the supercycle can be started.
TRX/BTC had its ABC correction. This was part of the bigger (2) wave. So TRX/BTC needs to load up on volume and the hype will continue. Because TRX/BTC is such an hyped coin I think targets of $0.5 and $1 are possible. It just have to finish its consolidation and have a volume confirmation and TRX/BTC is ready to fly!
IOTA/BTC is currently in a triangle forming pattern. My primary count is that it will complete the triangle (like a sort of ABCDE) and then continue its bullish movement. My secondary count is that IOTA/BTC is not done correcting, and will complete its correction in an ABC formation with the C somewhere in between 10-16k. After hitting the C wave, bullish...