Capitulation rampant, and getting into a very strong support zone. I strongly beleive 187 was the bottom however buy zone extends to 137. The bounce will be epic.
Reaching $50. Private investors bailing out, just heard someone sell 150 mil (2%) of company stake. Technically you can see the sell pressure at $50. ASX 0.63% overall is on thin ice with the big banks in trouble. Follow me on Twitter: twitter.com
Looks very interesting recovery in process for myer. Fundamentals with restructuring looks good and people seem to be a tad bit more confiden. Target #1 should be around 80cents.
Posting another chart based on the previous wyckoff chart i posted, which if you have seen was a 100% success. At the moment we are in buy zone #1, confirmed by fibs and previous lows. Buy zone #2 is right below. If you are building longs, you can start here and build lower, or you can start here and place stop losses. Shorts vs Longs on BTC are now primed for a...
This is the alternate theory. Posting here to see how well or bad it does. The current break up is a clean break in trend, and we are officially uptrend. You should be longing 8000 and 7700. However if those break down, then this may not be the much talked about "spring".
Video on my thoughts here ... Yellow arrows are possible scenarios without having to use magical waves.
Me analyzing and describing what I am seeing in the chart.
We are at critical support here. We've already seen a capitulation candle down, and this is a safe area to start going long. Keep in mind though if we break this level you MUST have stop losses as the next levels are around 0.02
Looks like we bout to hit bottom. This should be a good place to go long. If it breaks down more, then you can always bail at a stop loss, but this right here is a seven year low. With the recent job cuts and 5G around the corner, I fully expect a rebound. Also every single analyst right now is telling you to sell. Thats a buy signal in itself.
Looks like its currently on a mega strong support. This also shows a long term trend channel every time we have touched that channel, we bounced and started a new alt season. This time could be the same. Bottom of said trend is 0.056 (shown on the chart), current level in my opinion is a great level to buy with small positions. I still think Eth will hit 0.15BTC....
Chart is pretty self explanatory. I expect a relief rally here to 7700ish, and this to be a smaller rally than the previous ones before a further break down and retest of the 5100 level, which would basically cause capitulation all over in the crypto world. From the 5100 - 4900 level I expect the price to reverse before the end of the year and reclaim 9k, or...
I never thought I would ever in a million years say this, however the writing is on the wall.
Very bullish news coming out for after pay along with the US expansion. its gone viral here in Australia. This is a long term 6month trade.
I have stated a few times now that 7600 seems to be absolute bottom. If it breaks below bitcoin is over. I don't think bitcoin is over, i think bitcoin is getting started. Hence I think we bounce here. We bounce hard. Weekly agrees. Weekly signaled this move last week.
Hello All, If you follow me on twitter twitter.com you would know I am pretty bullish overall now. We saw two nice rejections below 7 k. We have broken downtrend & are now recovering from the rally we just had. Key levels are marked where I expect us to start going back up from. If you follow me on twitter you would have seen this about to break down and hedged...
ZEC looks like will break up to $400 at least. Probably the best chart out there right now with no major pump age.
Hello Folks, Its been some time since I posted a chart. The last downtrend chart and the short term bounce charts served well. I am have been more actively trading (buying all the blood) and am currently in no positions. I am holding spot though. On the daily we have a clear reversal A&E as clear as it could possibly be. However are we in a bull trend yet? No....