emiguru_konstantin

emiguru_konstantin Updated 

Nothing special: IOTA is shoving weakness on 1H timeframe with MACD and RSI divergence and decreasing volume. Waiting for a correction to occur.

emiguru_konstantin

Short reminder: be careful when btc is rising towards daily MA200 line, this area has already recommended itself as a strong resistance for bulls. Moreover, this area is “supported” by logarithmic downtrend line.\u2028\u2028 Expect bitcoin to make a correction after bouncing from 8700-8900$ zone.

emiguru_konstantin

Firstly, people were comparing btc chart to Nasdaq, now, when Nasdaq chart isn't suitable any more, they’re comparing it to the previous (I) wave chart and are confident in the similarity. I wonder why the people are looking for a “golden pattern” instead of reading the chart and riding the wave, and are calling themselves “traders” instead of “voodoos”. But...

emiguru_konstantin Updated 

Starting from the February 6th (crypto dip day), Ethereum Classic has tripled its value, the price has been rising in a perfect 5-waves structure and completed the first wave of the higher-degree after approaching the top of $42.8 (Bitfinex). Currently the price is being corrected. Those, who has found the completed A-B-C correction structure within wave (A) on...

emiguru_konstantin

In this short post I’d like to show you the power of Bollinger Bands and MA20 on bitcoin weekly chart and give you one more option where to place buy orders when bitcoin suddenly becomes “forbidden” / “dead” / “fraud” / “burst” If we look back into the history of bitcoin since the end of 2015, we’ll see that each time when a weekly candle is closed below the...

emiguru_konstantin

Finally, TRX shows us some bullish movements by breaking the downtrend line with a significant increase in volumes. Moreover, the bottom of the corrective wave (4) fits to the top of the first wave - Elliot wave principles are still valid. MACD indicator shows no divergence between the TRX price and momentum in the previous impulses, which gives us a reasons to...

emiguru_konstantin

$TRST is an undervalued token (#197 coinmarketcap) worth to keep an eye on. Reliable team working on the product instead of listings and advertising. Moreover, there is a huge market with immense opportunities. Technically, as you can see, downtrend line has been broken and successfully retested on 0.5 fib level. Also, in comparison with the previous two...

emiguru_konstantin

A lot of words were said about Ripple ($XRP) and possible continuation of it's bull run. Now the downtrend line is broken, consolidation above - good sign and confirmation of further move upwards. Also, pullback to the trendline is quite possible.

emiguru_konstantin Updated 

Do you also see some similarities between Ripple ($XRP) and YOYOW ($YYW) charts? Yes, it seems to be a kind of a madness, doubtless. But the market has already shown us several examples of such unbelievable (at first view) growth. Let us look on the monthly growth rates of EOS, IOTA and Santiment projects. These altcoins have been gaining the majority of trading...

emiguru_konstantin

QASH broke the downtrend line, making a-b-c correction in it’s 4-th wave.Then the price made a pull-back and failed to retest the downtrend line. Now QASH is ready for the next move upwards to form it’s 5-th wave. Price is expected to fall within a range of 1.65$ - 1.7$.

emiguru_konstantin Updated 

Fundamentally, Bitcoin Cash seems to be one of the main hedge instruments to Bitcoin price volatility and uncertainty. I am not inclined to quote well-known statements about the support that may be provided to Bitcoin cash by various crypto-companies, yet it is obvious, even to the project's opponents, that BCH has been gathering momentum at a fairly quick...

emiguru_konstantin

In this idea/post I would like to compare Metaverse and Santiment daily charts and share some personal thoughts on this subject. As you might see, daily price charts of Metaverse and Santiment Network tokens have some similarities, especially in a composition and duration of structure cycles. Structure: Both charts have initial exchange listing price dump (I),...

emiguru_konstantin Updated 

It looks like Ethereum Classic consummates the correction and is ready for another upsurge. The approximate target for the next surge is 1.618 fib of the previous wave. Breaking through the previous high significantly increases the possibility of upside movement.

emiguru_konstantin

Rise and further price consolidation above the downtrend line will provide a great buying opportunity.

emiguru_konstantin

MCO was falling in btc terms since the end of the summer till the 4-th of December, when the price broke the resistance line and turned it into the support level. The first Elloit’s wave was formed and I expect the price to continue this bull cycle by making the third wave with a minimum target laying in 0.00215 - 0.00233 area. Possible catalyst - listing MCO on...