Monthly so far looks like the copy from the ATH, already repeated 3 black crows pattern as well.
This is baktobear market, short every scam ponzi pumpu.
My new target according to log chart is $800, without wick maybe $1k
Its just experimental bot that not necessarily make any profit, it overleverages position on every retrace until it flips direction. So, as we see August 31 it flipped bearish and likely to continue in that direction (4 more down and 1 false positive). This is pure speculation of course but I'm glad if it helps you to visualize the direction this market has taken.
The trend is bearish right now, and indicators will also reflect that but gartley is a corrective pattern that plays out with a strong short term reversal. The pattern is very accurate in terms of fibs as well as text book AB=CD, and there is confluence at 8.8k level. 4H h&s breakdown also targets there. Stop loss should be placed below X, tp hopefully 0.618...
Eth looks bullish lately, I'm long on USD pair right now.
Targets: 0.00059, 0.0007, 0.00093
Buy opportunity on GVT: other alts already had massive gains and should probably retrace. This coin is still sleeping and could potentially explode as it bounces back vs bitcoin.
Say "NO" to the whales. Do not sell your precious bitcoin.
LTC has broken blue line support on its way up and will likely retest the supports down below. Why LTC? Some alt coins already headed down. For instance NEO has taken a harder blow and went further down towards the support. My guess is that LTC is just delaying the dump at this point, but it has a lot of room to go down. There is a certain risk with this trade, as...
NEO despite being oversold generally and having volatile run ups recently, has been continuously rejected. Even after shooting a crazy wick 20% above the resistance. On a longer time-frame it is trying to form an ascending channel and it should be generally bullish as long as it remains in it. But short term it will likely seek support a bit lower than it is now....
ETC has been working quite well on 15m timeframe but recently became a bit messy. That is why I switched to 4H timeframe. As you can see it just bounced of 200 MA support and is ready to continue a bull run. On a lower timeframe it looks like it would dump but its not. Based on recent performance I also projected a price action in the near future - dashed blue...
NEO has fully completed head and shoulders pattern, meeting its target and bounced off support. (I posted about H&S pattern before in Cryptocurrency chat. No one took it serious, but I traded it and made some nice profits). During the recent bounce it has broken off fallen wedge and is currently in uptrend correction. Holders would love to believe that NEO just...
Daily price action is getting very tight, and we have lots of trading volume. There will be a Forex expo in Cyprus scheduled on May 22-24, this event could bring some wealthy investors. After that I expect parabolic movement during June. Remember this is a hodler token, not a hype shit. I think the best strategy would be cost averaging for the next month during...