Richy007

Richy007

Ethereum Classic ETC has catalyst (Coinbase addition) to push toward target 1 $24-$25, and possibly target 2 $38 in near future. You should have bought at support level $14, and now looking to take profits. Stay up-to-date on Coinbase blog blog.coinbase.com

Richy007

Follow-up to May 2018 TA, we had a dead cat bounce at 61.8% fib level up to 50% fib level and the market was exhausted. Bringing EOS back to Support 1, consolidated for a while, then further selling until reaching S2 which is the current level of $7.00. Next level down is S3 @ $6.00. Now is a Good place to cost average buying. RSI overbought. *Not financial...

Richy007

Follow-up to May 2018 TA, we had a dead cat bounce at 61.8% fib level up to 50% fib level and the market was exhausted. Bringing EOS back to Support 1, consolidated for a while, then further selling until reaching S2 which is the current level of $7.00. Next level down is S3 @ $6.00. Now is a Good place to cost average buying. RSI overbought. *Not financial...

Richy007

Two factors why I'm bullish on EOS, #1 Bounce of 61.8% and #2 Morning Star bottom reversal signal (see chart). Also, upcoming mainnet launch in June. If you like my TA, subscribe to get notification of future posts. Thanks

Richy007 Updated 

On a 4 hr time frame, we see further downside to S2 $7250 and holding here before moving up. The most bearish scenario is breaking below S2 and testing recent lows of S3 $6000 mark. At S3, there's much support here and will hold (great buying opportunity). All-in-all, we'll see RANGE movement between Supports (S!, S2, S3) and Resistance ($12k) for the next few...

Richy007 Updated 

Update: Since we didn't bounce from "triple" bottom TA, it seems we are heading lower. Support levels are in "pink," S1, S2, S3. :-(

Richy007

I'll be honest, since I'm long BTC, hoping we have a triple bottom reversal pattern. It's premature now as we may or may not settle on our 3rd trough (bottom). If so, we'll see buyers and sellers battle it out, and hope Buyers prevail and start upwards movement. If we can push up to $11,750, it's another test (Resistance), more buyers need to step in and push...

Richy007 Updated 

Though it's not a perfect head and shoulder setup, illustration shows much similarities. High volume during left shoulder creation and medium volume reaching the Head, low volume creating the right shoulder. Creator, Charlie Lee relinquishing his holdings is a good reason for the decline, negative sentiment. The space for quick and low fee coins are becoming...

Richy007

As of late, favorable news with Overstock accepting cryptocurrencies (since 2014) becoming more mainstream, hence bullish sentiment. Also, down the pipeline, first SEC regulated exchange for trading TOKENS. From the 4 hours, we are beginning wave 5 of Elliot wave principle, may see us reaching ATH in the new year. I'm holding for long term (years).

Richy007

Per popular request for TA, here it is! This coin is relatively stable compared to other Alt coins I own. As you can see from the daily bars and "wicks" on both ends, extreme buys/sells are brought back to the "body of candles." Currently, VTC is 30% below resistance of $10, being supported by ascending line, meaning investors are accumulating. However, if VTC...

Richy007

EOS made a great run up to ATH of $12.50 recently, but revert back to 38.2% ($8.00) from boss coin pullback, bitcoin. TA sees chop range bound for a few days before moving up. RSI suggest greater probability of upward movement. Thanks

Richy007

I hope some of you took the trade, see uptrend lasting until Sunday night. Targets $750 and $1000. Another spot on TA ! What do you think?

Richy007

On the 4 hour chart, ETH gives 3 solid reasons for a reversal to the upside. Long at $440-$442 area. 1. Doji Star signifies reversal, magnitude of 3rd candle indicates strength. 2. Bounced off support at extension 0.236% with conviction. 3. RSI near bottom at 20.

Richy007

Per request, TA on #26 Ardor. Stuck in range as 61.8% overhead.

Richy007

From my previous TA for SC Long, here's an updated chart for places to take profits.

Richy007

ETCUSD ABC Pattern

Richy007

There's a Buy opportunity, follow me to get instant access when I publish idea. Or, can message for immediate entry points. Check out my TA on EOS, IOT, SC... been spot on! Thanks

Richy007

Elliot wave theory says wave 5 is the same as wave 1 move, so that puts ETC topping out at $25. I didn't get in this trade, so I'm late to the party! Uggghhhh