BTC is in downtrend channel as it has lower lows and lower highs. I'm anticipating it to reach that upper $7400-ish area and then it has higher chance in going lower than breaking that resistance line. But we will see. ------------------ DISCLAIMER I’m not a certified financial advisor nor a certified financial analyst. The contents posted by me are for...
Ripple was falling lower and lower, and its finally stopped at 94.10% Fibonacci lvl (around $0.32). Now it has low RSI (25 atm) which indicates that its oversold. One should be cautious and set stop-loss when buying XRP right now. We're still in bear market. And considerable bottom for XRP is around $0.18 - 0.20. --------------- DISCLAIMER I’m not a certified...
BTC is in downtrend for months now. We're still in bearish market with no stop in sight. Right now It's in triangle formation, and it's bouncing up and down from upper and lower lines. It can go as low as $5,700 then up to over $7,000. What's next, we will see, as big $$$ volume can come in at anytime with next bull market. As You can see from my chart I'm even...
Bitcoin is having lower lows and lower highs, which implicates that it's still in bearish move. Right now BTC is in so called "triangle formation" in which price is bouncing back and forth with short bull or bear-trends. Bearish moves were shorter and shorter and now, temporary, it's in bull-trend. I assume that BTC can reach upper triangle resistance line at...
Not a lot of us expected NEO to be under $30 again, but here we are. Another great buy-in opportunity or hard to catch falling knife. Falling Wedge is a bullish formation so we are looking for a breakout at upper red line. First level at which NEO can bounce upwards is at $23, enxt one near $12. --------------- DISCLAIMER I’m not a certified financial advisor...
Ethereum is still in that big triangle formation. That lower support line is to be watched since i expect a bounce there. That formation is a bullish one, so I'm expecting for it to break upwards not downwards, but time will tell. ------------------ DISCLAIMER I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an...
EOS is fighting to stay above that major trendline. And if it will, we may see that wave 5 bullish move (which may take a while, since whole market is bearish). --------------- DISCLAIMER I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant nor a lawyer. The contents posted by me are for informational and...
I believe EOS finished 3rd big wave and it's in wave 4th. If that bearish wave 4 won't go lower than wave 1, we can assume that an final bullish wave 5 can occur, with potetantial of over 180%. ---------------------- In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and...
I'm bearish on AELF as You can tell from my chart. We ended 1-5 big waves and are currently at the end of 2nd cycle. I believe that we had A and B wave, and are currently in bearish wave C. How long can it last: 1) ELF has strong support lines from 11.700 to 9.700 satoshi. So i would watch those levels first. 2) We cant forget about major trendline. If...
Ethereum, as expected, is going down. After smaller 1-5 waves we have ABC correction. Now we're in small C wave. Strongest resistance is at 70.80 Fibonacci level, which is also crossing major trendline, and I'm expecting that ETH has the highest chance to stop there. ----------------------- In my analysis I'm using Fibonacci Levels, Elliott Wave principles,...
ChainLink dropped some % due to BTC correction, but resistance line which was formed by 2 and now 3 points is holding strong. I would be bearish on LINK if we would fall below that line, but since we are above it, I'm still waiting for that big "Triangle Formation" to break eventually. Then ChainLink can gain some serious $ as this project is still great and have...
BTC is going down as expected. I anticipated wave C to be 5-waves move, but that 4th wave was not completed, so instead of 5-waves we ended up with 3 waves ABC. BTC stopped at strong support line (78.60 Fibonacci level), but in my opiniont it's not over yet, as we may have that final push towards $7.000, then we can bounca back up to finish that triangle...
IOTA finished major 1st cycle and I'm assuming that we're currently in the beggining of second one. Big wave 1 seems to be finished and we entered bearish wave 2. Now it's a tricky situation, because we're still in bearish market, and alts are moving very slow. Trading in a market like this one, is not for begginer traders as it's very difficult and tight...
DASH 1 hr chart. Target is at 78.60%. Low RSI. ---------------------- DISCLAIMER I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant nor a lawyer. The contents posted by me are for informational and entertainment purposes only.
DASH had big correction, almost to 88% level. After that I'm assuming wave 1 and currently wave 2 in ABC correction. ---------------------- DISCLAIMER I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant nor a lawyer. The contents posted by me are for informational and entertainment purposes only.
ARK is touching bottom support line. If it hold itself above it, we can assume most profitable wave 3. Biggest resistance would be triangle upper line. Always play with stop-loss. ---------------------- DISCLAIMER I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant nor a lawyer. The contents posted by me...
ADA stopped at trendline and bottom support of triangle formation. We probably finished C wave in ABC correction, and are heading trough triangle breakout. RSI and MACD are both at very low lvl. Remember - always play with stop-loss. ---------------------- DISCLAIMER I’m not a certified financial advisor nor a certified financial analyst nor an economist nor...
Hopefully we finished ABC correction, and we're up to breakout from that BIG triangle formation. Best buy is at the bottom support line of that triangle, if price will have another retracement. Always play with stop-loss. ---------------------- DISCLAIMER I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant...