engelandertje

engelandertje

We are currently seeing a 30-40% adjustment in the markets due tot the impact of Covid-19. After last week's crash, governments have announced economic relief bills of unprecedented sums of money that have turned the market bullish. Although such "rescue packages" are effective in the short-term, they cannot cover long-term economic damage that is expected to...

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WINGS/BTC has been very interesting since it was launched on Binance. After reaching 3-months high at 16000 it has gone into retracement, currently holding on the Fib38 around 11000. It has been a strong support for over two weeks and it must be possible to reach the 12500 if the bulls keep supporting at this level. We must not forget that WINGS has seen the 40000...

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FUN/BTC has been consolidate for a while as BTC/USD has gone down significantly in the first two weeks of the year. The retracement has taken around 4 days, exactly the time it took for the previous breakout; MACD and 30 EMA about to cross bullish and RSI and CCI are low; both supporting a bullish outcome in the next couple of days. Fib50 and Fib38 seem to be...

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It looks like LINK/BTC will need a few more days before the cryptomarket will decide its next movement. Like QSP, there is a strong support level at the Fib50. The support of the triangle is at that level and has been tested 3 times over 4 days. Given that the triangle is reaching out longer, it might happen that future support will be slightly higher. Keep you...

engelandertje Updated 

As you can see in the chart, the Fib50 has been tested a few times. The support level of the triangle is exactly at that level, which means we can expect very very strong support there. The price is about to cross the 30 EMA and the MACD also shows an upward trend is coming. The drawing shows the expected price movement with strong fib levels at the black dotted...

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After last night's outbreak we have seen another consolidation area that ends up in a triangle, indicating that there is another outbreak possible. This is consistent with Elliots 5 Waves as we would be approaching the end of point 4. Target is between 9000 and 9500 with good buying opportunity atm. *Binance is a growing exchange that is user friendly and does...

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The triangle in my last idea was broken, which has proven that the consolidation might continue today as the Flag or Triangle has to be extended (please see graph). I also included the regression trend. Before the last outbreak, we touched the bottom of the lower deviation line. This is something that we might need to expect to see again. This means that if the...

engelandertje Updated 

After last night's outbreak we have seen another consolidation area that ends up in a triangle, indicating that there is another outbreak possible. This is consistent with Elliots 5 Waves as we would be approaching the end of point 4. Last night's outbreak also proves to be a good second wave in Elliot's theory, given that the bullish move was nearly 100%...

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After reading many ideas about the potential breakout in BTC/USD towards the previous $20.000 level, I must admit that I got a bit nervous when the price plummed down in the first half hour of the previous hour. However, it looks like BTC/USD is back on track and I admit that this is a great buy-in moment! *Binance is a growing exchange that is user friendly and...

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QSP/BTC has gone up around 15% in the last 24h, but it seems the fun is not yet over. There is a dominant flag with perfect bullish outway for another outbreak until early morning GMT time. Buy in the next hour as we will see a downward move before the indicators are in our favor. CCI will move below 0 during that move and trend line will go over the actual price,...

engelandertje Updated 

LINK/BTC has proven to be a good buy and will still be a good buy if you're asking me. The hourly chart shows a perfect outbreak without any correction, which means the price is probably heading to it's next resistance level; around 8600! As this is just the first wave, buy low at the correction and make sure you bought in for potentially 2 to 4 more...

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FunFair has been looking very promising as a project and big news is coming up as I've read in an article. Looking to the trading information we can see that FUN/BTC is looking for a move, with strong bullish indicators. This would be a good moment to step in given that this would be the lowest price to buy into the triangle before it potentially moves through the...

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We have seen massive growth in BNB/BTC as the number of Binance users has increased significantly. The website blocked registrations a few days because it couldn't handle the number of registrations. This can also be seen in the BNB/BTC price as it is still in a bullish move, but about to make or break. There is resistance around 13730, but once the 30-mins candle...

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LINK/BTC has been in a consolidation period for a while and is ending consolidation hopefully by the end of the day. If the price is able to move out of the first triangle around point A, than we will see an upward move to or maybe even above 7000 given the CCI, RCI and Trend lines. If the price does not break through the above resistance area, we will likely see...

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I am following BTC/USDT and so far we have two options: 1. Price breaks the current triangle and past resistance level around 17150 and we go to target one, which I expect to be around 18000, or; 2. The price touches the triangle and past resistance level and will go down to form a "head and shoulder" pattern, which means we will see a bearish movement. First...

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QSP/BTC has had 3 strong upward movements and is not on its way into a correction. Recommended sell asap or in the next upward movement during the correction, and buy back at lows at the end of today or tomorrow. *Please comment on my chart and assumptions as I am always open to learning from feedback! *BTC DONATIONS ALWAYS WELCOME:...

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After showing a perfect Elliot Wave (12345) with Correction (ABC), FUN/BTC is looking to move. There is a healthy flag with potential upside movement, the moment of truth will be in the next hour, hopefully the price will go up and stay in the upward position and shoot up to the next resistance level around 1130. If not, I think we might need to wait untill...