CryptoPrescience

CryptoPrescience

$PINS has finally reached an area of previous resistance that should act as support. I was hoping for a bounce in the 0.618 fib range, but we didn't get that. I took a bite here, but not feeling great about as fundamentals appear bearish. If this support doesn't hold, next obvious bounce area would be once the gap area (daily bar chart) from $28-$31 is...

CryptoPrescience Updated 

Wishful thinking here that ETC is completing a Double Three (WXY) correction of Impulse Wave 1. I see 7 possible swings once this final leg is complete. Hoping to land in the golden zone and catch a bounce. Good luck!

CryptoPrescience

This is the chart that no one wants to see, but the one you can't ignore. My view on the recent impulse waves of DGB. Yes, it's sloppy, but when you have 1,000 usd swings with bitcoin you can't expect to have pretty Elliot wave sequences such as when you use the theory with traditional assets which is compared to a relatively stable currency like the USD or...

CryptoPrescience Updated 

Ethereum Classic has been descending for a solid 6 months post alternate coin season in April-June. The long term chart looks primed for some action that I believe will be occurring extremely soon. For those of you that have followed crypto the past month, you basically could've bought anything and profited nicely at this point. Ethereum Classic is one of the few...

CryptoPrescience Updated 

Well, this is it. For all those who are hopeful this coin has one more push up, we shall see soon. After a large dump off yesterday, NXT seems to have found somewhat of a bottom with some positive signs of divergence to the upside. I warn though, this is a dangerous trade and dangerous territory because NXT is way overvalued. As soon as the snapshot is took...

CryptoPrescience Updated 

I'll be the first to admit I do not like this coin due to it's huge supply. I generally like to navigate towards coins with supplies under 2 million. However, siacoin has been in the spotlight as of late and it looks like we have a buy opportunity to open a position that will be very beneficial over the next 30 days if we have the patience to hold. If btc...

CryptoPrescience Updated 

Bitsend has been bouncing in a channel the past 12 hours. Showing some strength. Great opportunity to trade within it. MacD and RSI looking good on the 15 min time frame and surprisingly good on the DAILY chart as well so this could very well be a great buy for long term. Bitsend only has a circulating supply of about 19 mill and is very low priced. Great...

CryptoPrescience Updated 

NXT bounced off midterm support trend line. Decreased heavily while bitcoin was correcting hard, but then kind of leveled off disproportionate to bitcoin decrease so hopefully it has found a bottom for now. Needs some help though to break above the resistance line of the descending wedge forming. Possible cup and handle formation as well. RSI and MacD on the 30...

CryptoPrescience Updated 

Possible falling wedge on the 15 min. Keep an eye on the pattern. Break down of wedge support will lead to further decrease. Break to the upside will test other short term resistance spots indicated by each subsequent arrow point. Coin burn coming soon which implicates further increase until then. MacD and RSI looking good, but that means nothing if bitcoin...

CryptoPrescience Updated 

Simple analysis here. Power Ledger reaching new recent lows in a similar fashion to other alt coins due to recent bitcoin price surge. However, it is interestingly showing some good support at the 4700-5000 sat range. Powr has good support from the Australian government which makes it unique as in late where government regulations are putting heat on the...