davelunlun

davelunlun Updated 

Same scenario most likely will happen in anytime.

davelunlun Updated 

Refer to RSI data, assuming RSI lowest level is 30, BTC/USD could likely drop below $3,000. Weekly chart shown very bearish for the coming few months.

davelunlun

EMA 50 just crossed below EMA 200, this is a very bearish indication. The ideal correction target: $4,400 - $4,800 (0.786 Fib). Final Strong Support would be at $3,000 - $3,200 (EMA 200 for Weekly Chart).

davelunlun Updated 

Probably this year not a Good Year for Crypto Market. :-(

davelunlun Updated 

Target Wave E = $7,980 - $8,050, which is also the level of 0.618 Fibonacci of Wave D and Major Up Trend Line (yellow line) for BTC/USD. If targeted Wave E complete at what is expected and bounce up decisively, then it could manage to avoid the Death Cross scenario (MA 50 crossing MA 200) and confirm the Buy Signal based on the MACD.

davelunlun Updated 

Major development updates release very soon. Would expect positive impact on the movement.

davelunlun Updated 

1st Resistance Level (~ $9,050): EMA 200. 2nd Resistance Level (~ $9,900): EMA 55 + Major Down Trend Line (white line). CROSS our FINGERS.

davelunlun Updated 

Very undervalued and low supply high tech coin.

davelunlun Updated 

Wave 2 ended at $7,665.1, it has been retraced 0.71 level of Wave 1. In most of the time, Wave 2 would retrace 0.618 - 0.786 level of Wave 1, which is also sharp & deep. Forming Wave D & E could be the Sub-Wave 1 & 2 of Wave 3 respectively.

davelunlun Updated 

Wave 2 could end at $8,342, and it's also the beginning point of Wave 3. Complete targeted Wave 5 (estimate by Early of May 2018) may form a Huge Inverted Head & Shoulders, which indicates BTC/USD could potentially hit $33,000 by EOY 2018.

davelunlun Updated 

This could be a fantastic year for Crypto Market.

davelunlun Updated 

1. Reversal Head and Shoulders sign. 2. 20 Days MA just crossed above 50 Days MA based on Daily TA data. 3. Decisively breached the strong resistance down trend line.

davelunlun

Target BTC price EOY = $62,000 if the bottom is ~ $6,000.

davelunlun Updated 

It's just for fun and sharing idea. Sharing and exchanging ideas, make good to be better.

davelunlun Updated 

Coming awesome week of performance for BTC.

davelunlun Updated 

Wave 4 just completed, and target for Wave 5 is $12,750 - $13,000. Once Wave 5's target achieved, the next target will be the previous ATH ($20,000) in a month time frame.