bubbap22

bubbap22

Here you see on the daily chart for bitcoin that we have been in a descending triangle for quite some time now and currently heading towards diagonal resistance again. In order to even get the chance to test that trendline we must first break through resistance at 6775. If bitcoin can push through that horizontal resistance and break out of its range then the big...

bubbap22 Updated 

A break to the upside of this descending triangle on the 3 day chart could signal a nice thrust upwards for btc. im looking for it to break 7600 with nice volume to break the trendline. Im definitely keeping in mind that there are a ton of shorts posted between where we are and that target though. Failure to break will probably result in a nice pullback but right...

bubbap22 Updated 

keeping an eye on this trendline thats sloping down to see if BTC can break above it, might be the push we need to break the 84-8500 range here

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Short and sweet here. There is a massive descending triangle nearing breakout range on the 3 day chart. I expect some bouncing around here in the coming days or weeks even but im looking at this as a nice spot to scale in some longs here. If/when this thing breaks out it could be explosive especially considering the incredible short squeeze that would commence if...

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Looks like the bearish scenario from my previous chart is still working its way down. 6800 is my next target here before a bullish count comes back into play. ETF confirmed news may change this but until then i believe we continue our downward trend.

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Waiting to see if BTC is just consolidating a little here before another move or if its going to correct down. Id love to have the answer but im just waiting on more information to confirm one way or the other before making a move right now. Should show an indication here within the next day or two but for right now its pretty much trending sideways and im not...

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short and simple here as it looks like btc is in the overbought zone on the daily RSI and is possibly at the end of a 5 wave elliott wave structure. A healthy pullback could bring it back to previous resistance turned support around 7500 and the .618 level. After a run like this it could use the break to reset and I think the bullish trend will continue

bubbap22 Updated 

Hello everyone and welcome to some green after living red for quite a stretch. Congratulations to everyone who made great profits shorting the last few months. Ive personally been buying dips and accumulating myself since im not in a position to short the market but anyway.... its looking promising for bitcoin here and my thoughts are there will be a slight...

bubbap22 Updated 

Neo has been on a pretty steady decline here but could possibly be ready to show some strength here. Looking for a bounce above the 78.6 fib region here for a possible uptrend. RSI on the 6 HR timeframe is showing some signs of strength but on low volume for now. Daily still looks weak but some volume and a close above the 618 fib would be a very good sign for...

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Looks like a nice descending triangle here for Walton Chain. We have already tested support numerous times and it has held strong. Seems to be in an accumalation phase right now with RSI looking primed for a breakout. Remember this coin has an all time high of around 45$. The fundamentals are still as strong as ever and with the way alts have been pumping lately I...

bubbap22 Updated 

With an updated wave count and using Fibonacci my next logical price target is around $790 which would be the 2.618 fib region indicating an extended wave 3. IF we reach these levels I expect a significant correction to around 630-670. This is based off of the rules of elliott waves stating that if wave 2 has a shallow sideways retrace then expect a sharp and...

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Looks like ripple is about to complete a ABC correction and will be looking at the 100 day moving average as support to complete the formation then im looking for a bullish impulse wave up. This coin has a lot of controversy in the crypto community but nonetheless it is a fundamentally solid coin and should continue to gain strength as this bull run continues to...

bubbap22 Updated 

IF you have been following my charts you know that i have a wave 3 target in the 650 range which still stands as of now but im keeping a close eye on it as the RSI on the 6 hour time frame is showing overbought but the MACD is still showing bullish. If this goes past the 1:1 fib range we could see a shoot up to the 1.618 fib region which would be around 720. If we...

bubbap22 Updated 

Hello again everyone and thank you for viewing this latest update of my opinion on Ethereum. Here you can see on the daily chart that the 25 day moving average is flattened out and appears to be starting a slight incline.Also RSI is trending up in the bullish zone with higher highs and higher lows. I would look for a test of the $478 line to happen before another...

bubbap22 Updated 

ok so heres my thoughts on bitcoin right now. I see a possible 30% gain opportunity incoming here in the next few days or week maybe. Bitcoin is very tough to call right now and a lot of people are coming up with all kinds of crazy calls ranging from 3k to 1 million so im just going to give my analysis of the situation and see what you think while I keep an eye on...

bubbap22 Updated 

This is my take on the ethereum situation right now and id like to start by apologizing for the busy chart but I wanted to keep everything im looking at up so you all can see how my thought process is and how im coming up with my scenario here. Its my OPINION that eth is set for a minor pullback here as it looks like a bullish impulse wave 3 is nearing its end...

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Using Fibonacci and elliott wave theory here it looks like verge is in wave 5 territory. Targets are based off of a 1:1 extension of wave 3 and also 1.618 extension. This coupled with all of the positive moves the company itself has been showing makes me extremely bullish on this coin right now. This is just my basic analysis of this and some may see it...

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In this chart i have the xvg chart overlaying the trx current chart. As you can see the two coins have a strong tendency to follow one another in either direction, one will dictate the others actions but not always simultaneously. XVG just had a massive bull run and TRX is completing an ABC corrective pattern so im fairly confident on a bullish tron run over the...