nalak

nalak Updated 

If the market permits. Volatility in btc should bring ADA down a notch, before popularity takes it up to the next level. Arrows are not financial advice.

nalak Updated 

ADABTC has completed it's wave 3 impulsive move and looks to be signalling the end of it's wave 4 re-tracement. It's landed a wick just above the 78.6% re-tracement line, printing a bullish single candle pattern on the daily and also with support from the daily cloud (custom settings, not shown). It also has a nice clean bullish divergence and influx of volume,...

nalak Updated 

Calling for 100k on BTCUSD, most likely in 2020. Elliot Wave theory indicates that we still have a bullish wave left in bitcoins genesis impulse. This wave count seems most likely and is supported by the fact that we did not see a momentum divergence between the two recent major tops, implying that we have not yet seen the 5 wave which would complete the set....

nalak Updated 

My outlook on Bitcoin, and by extension the crypto market as a whole: After the bullish run and buying climax of the last couple of months, I am expecting a bounce off of the 10k range --which has shown to elicit bullish motif in the past-- leading into an upthrust towards the 15-16k range followed by a final correction wave down to one of the lower support...

nalak Updated 

ETHUSD - Clear completion of 3-3-5 correction. Break of the dominant downtrend. Sign of strength on the retest of previous resistance. Momentum Oscillator reset. Many signs point to a continuation up of the mid term trend. Long entry under 145USD, trail stop loss up each level indicated by a horizontal line. Take profit zone 1 at 225-250, Take profit zone 2 at...

nalak Updated 

XRPUSD - Falling Wedge. Fan Favourite looks ready to go, at least for a decent recovery rally. Much of crypto is showing similar patterns. Hopefully it doesn't turn out to be just a feign relief rally. Plenty of upside on many alts even if it is just to gain a few levels back.

nalak Updated 

ADABTC looks great technically. If money comes back into the market some of it will definitely go here. Wavecount complete and clean, nice momentum divergence on the correction, cloud breakthrough and test. Good odds trading it with ichi, one could put a stop under Senkou Span A/B, I wouldn't though.