foobarme

foobarme

Broadening Wedge correction. If bottom, target is $0.48. Be wary if present level fails then green box on next support.

foobarme Updated 

Finding support on weekly 50, so calling this the bottom before continuation.

foobarme Updated 

I really enjoy looking at the fractals of DGB as comparison to USD and BTC are extremely interesting. This one is just a bit of fun, and not too sure on the exact dates, but if it plays out like last time we are to expect in the short term at 64% drop from the last peak we have just seen a couple days ago, which would then form into a saucer for consolidation...

foobarme Updated 

I have seen people posting articles or charts of EOS in a falling wedge. They believe they have just witnessed a breakout and a potential wave 1 - after a 4 month a,b,c correction - and they see EOS going on another bullish run. This post is to contradict this bullish analysis... Firstly, I too initially had the same idea EOS was in another downward wedge, (and...

foobarme Updated 

EOS in the short term appears to be out of steam with 5 waves spent. As EOS enters into its A,B,C correction, I am leaning on both fibonacci (i.e. 0.618) and a (potential) head and shoulders pattern for the target. After this point, I'd like to see EOS continue its long term impulse upwards, but this is all dependent on how BTC performs at the high 5's to low 6's...

foobarme Updated 

Short Term target of $0.22 to complete the Inverse Head and Shoulders target. Long Term I anticipate BTS to follow Bitcoin's lead, and as I assume Bitcoin has made its low back on 6th Feb, 2018, I see that this will be a trend reversal for both BTC and BTS and both have already put in their lows.

foobarme Updated 

If Bitcoin has completed its LOW in Feb, 2018 and it has started and finished Wave 1, then this post is an idea where Wave 2 will land in the short term. Range in the blue box outlined with an estimated target. If this target occurs suddenly, it will appear as a bullish wick dropping out of the wedge before bouncing off the 0.786 Fib. If correct, this would be...