Just copy and pasting my thoughts from chart. Bear flag will be formed at the 100 level. This will create a target to around $50, but it may take it to the 100% fib level which has a ~$35 target. Sadly, Charlie was right on a potential $20 LTC target, and unfortunately he sold his LTC near ATH levels with possible insider info. Extremely bearish signs all...
I think there will be better buying opportunities, so holding off for now is a good idea. Ethereum is attempting to retrace back to the $400 support level, and may even fall lower if it breaks it, down to $265 possibly. Keep a close eye on the next few days and see what happens. We got the weekdays coming in front of us after an underwhelming weekend so...
Ethereum has entered despair territory. I predict it will bounce on the lines where the Fibonacci levels intersect with the Fibonacci levels drawn from a smaller range, namely green, yellow, red. Elliot Wave theory is then used to predict the future. Good luck! Hope you enjoyed the show!
This is more accurate than my previous chart where I predicted a $12 price target. All Fib levels match with support or resistance quite accurately on this chart. The drop Ethereum can experience could be from neckline to 1.618 level on the condition we break the 400 support, which is a key level. I am using a H&S pattern in conjunction with Fibonacci...
Hi everyone, hate to write this up and show this chart, but I have 3 long term cases for Ethereum as detailed in the chart. I realize we have a huge H&S pattern as well and a fractal retrace possibility (which I am not leaning towards but it could still play out). This generates 3 long term cases. Case 1: Target to lower 400 or upper 300s and then a rally. ...
Rally attempts are constantly being sold off by greedy traders or those with losing positions. This will continue further until a major sell off. My chart has various cases demonstrating an extreme short term bearish case. By short term we could also suffer in the second quarter of this year. The game has changed... "If you're going to sell, I'm going to sell...
The chart shows this. No indication of a reversal, still currently in a downtrend, money from alts going to bitcoin and raising it's dominance, yet still no breakout. I predict a 40% drop based on my analysis and the chart is self explanatory. Good luck.
Hello, and welcome to my long term chart. I see a right triangle formation, and we will most likely have a bounce at a previously established support level. I recommend buys between 80-140, the lower the better. My charts are aimed more for long term holders who want good entries. If you can get sub 100, you are good to go. I feel 140 and above is a trap, but...
I recently posted a chart on Ethereum and it has now gone below 640 which is a really bearish sign for me. Ethereum can see lower levels that I truly did not expect. If you're wondering why I have changed the correction line from ATH on the fractal retrace, it's because that is the possibility I am leaning towards. It could probably play out differently. This...
Keep an eye out for reversal levels. I personally do not see a 640 break on Ethereum, but if it does fail, we may drop to lower 500s unforunately. At this point in time, I do not like what I see, but I do expect a reversal soon. I did post a chart recently expecting Ethereum to rally soon. I may have to think twice about that although it is still possible...
This chart goes beyond technical analysis. Alright, so why I am bullish on Ethereum? I will list my reasons. 1) Green Hammer candle on daily. 2) Closed above my teal parabolic trend. 3) Broke yellow trend line support level but recovered. 4) Approached red support level but recovered. 5) Did NOT break the purble parabolic trend, which is the MAIN support drawn...
I'll be buying in here because LTC has entered my launch pad.
Keep an eye on today's close, we just finished a H&S pattern. If you looked at my previous chart, I did indicate buying a day ago around 730 isn't a terrible decision. If you happened to buy, I wouldn't be in total fear, hopefully you just scaled in small if you believed in my chart. I did give a bearish case too and acknowledged a drop below 700, but I really...
I posted a chart previously on Ethereum expecting a possible reversal and I was somewhat correct. The H&S pattern brought it down below the neckline, just not exactly to my target. Well, I am not a snob, and I fully understand that this could have happened because of the Binance "hack" that occurred which caused a sell off in the entire market. But if I...
Just a heads up. Our situation is in the blue box right now. A short term breakdown is possible (not guaranteed) as Ethereum is creating a right shoulder. There is also a H&S pattern on the ETHBTC chart as well upon inspection. Keep an eye for a breakdown. If Ethereum goes to 0.075 BTC, my chart will probably be accurate. And we COULD hit 685 USD before...
Ethereum's structure is still parabolic overall. I do expect a bullish continuation. Enjoy the analysis. This is more of a show.
Check out my chart. Am I the only one who see's a very bullish cup that's developing? This can easily push LTC to ATH levels mid April. There can still be short term pullbacks but be careful at this point in time and at least have a core position to ride with.
Here I use the weekly chart along with Elliot Wave Analysis and Fib replacements to make a bold prediction. I had a previous post and revised it because there is a strong possibility of a back test. I believe the long term outlook is pretty good and this MAY be a good scale in opportunity. NOTE: **This is not financial advice, this is my opinion - based on...