There is Bearish divergence in the charts up to 1 hour at this time. I expect a temporary pull back before a continued up trend. Until I have a confirmed sub trend, I'm not attempting to target or trade this as there are several potential valid outcomes for this movement which would require too much attention for me to bother with when I feel my positions of...
This is about as bullish a chart for continued bullish momentum you can get guys. It's time we focus on Education and validation instead of Spastic and unsubstantiated claims wreaking havoc on peoples bottom line.This is as bullish of a chart as you could ask for and if you look at my charts leading up to this which look at multi year trends in primary cycle,...
Any bounce off the pink trend line is Bullish.
Here is the fractal comparison I posted yesterday but a shout out in description caused it to be banned. If you agree and this turns out to be the proper fractal to our position, please Upvote, Follow, and check out my Profile signature above!
Missing the dip guys. Boogie Bear PTSD is real.
To this moment, we're still following the wave leading up to MT Gox ATH, not after it and evidence we're still within the 1st Primary wave to a new ATH before a .786 retrace also known as a bubble bursting for those emotionally swayed by this. Can't wait to watch this all roll out! Maybe everyone else is right, maybe not! The more you know, the easier you can...
These three potential paths for BTC short term all require reassesment when reached. The lower pink trend line is a fractal line and potential trend line and the targets are where the .786 retrace intersects. A move up or down from any of these targets will be deturmined when reached. Good uck!
So I believe we've been potentially miscounting our waves and scared ourselves into believing the correction wasn't over yet. The correction we're awaiting may well not start until 2019. I'll update with specifics in another chart of the present day and Primary fractals. We'll know nearly immediately if this theory is correct.
BNB continues it's bullish momentum in the Bear market trend. Yet another Diamond in the rough in the market in such rough shape. reasonable targets for this wave is above $16 before a pull back to or near the trend line before heading back up to test it's ATH. I'd like to note, the MACD is showing volatility expansion RSI bullish Divergence, and volume...
Hello friends! I think I ferreted out an amaizing position on an amaizing alt! IOTA! We can see Bullish Divergence in 1 Day VS USD. That's a Big deal! We can also see the Bollinger Bands are trading inside the Keltner channels and the TTM squeeze indicates a reversal. If you don't understand what all that means, I advise you going to youtube and searching for...
GVT has remained one of the strongest performing coins in all of crypto in the entire correction. As you can see, it's continued an up trend. GVT is a low circulation coin and has a lot of potential. As seen here, the cup and handle formation is about as perfect as it gets albeit the handle is a bit longer than I'd like to see. That said, we're on the .618 retrace...
I'd like to share the potential of this being a standard primary wave 4 of 5
I'd like to remain open for the idea of this scenario where the Intermediate cycle we're in now is a B wave and the Primara corrective cycle returns after a nice rally to bring a little bull action back to the mix. I don't believe we've seen the last of this correction by any means however when thinking in the scope of the larger cycles, this is still highly...
Supporting my Fractal Primary scenario of the Mt. Gox General Corrective cycle I've put together some tentative targets for April. I'll update accordingly as things progress. Will be interesting to see how things move forward from here. 1st stop, $7,500 on this bear flag bounce. Then some more shorting opertunities to $6,200 to $5,800 area before what I expect...
So I'm seeing continued correlations between the General corrective cycle which followed the Mt. Gox hack and closure to the primary cycle which we're presently in. Further indicators which potentially correlate with this are the 1 day, 1 week, and 1 month RSI. Now this is certainly not a prediction as many things can happen or deviate from such a fractal...
1 Day RSI, bouncing off 30 line. Last time it did this was at $6k. Also seeing bullish divergence in up to 4 hour timeframes. The last time we bounced off the RSI 30 in 1 day we retraced to the .3 fib at nearly $12k. A similar retrace today would lang us in the $8/5k area. I've taken positions with tight stops. I'd like to remind you the 1 week is still on the...
Really not certain on this but I see an awful lot of Bearish divergence in RSI here for a bull run guys. Watch for a brief sub wave rally and a turn over if this is right. I believe we may have more time to improve out position if this is correct and don't get caught in it. Good luck!