thekevin

thekevin Updated 

This would be the argument for BTC turning back round in the short term to re-test long term resistance line.

thekevin Updated 

This would be the argument for a short term bull set up which would take BTC to medium term horizontal resistance. After this, I assume BTC would try to fall back and retest the long term resistance line.

thekevin

TRX is currently performing a wave 1 of 'alt-season'.

thekevin Updated 

I should have published as soon as I drew that descending wedge. Well here it is now.. Late..

thekevin

I have updated this outlook since my last chart. Everything you need to know is written on the chart!

thekevin Updated 

Short term wave count on Wanchain.

thekevin

Retraced all the way to the .786 level, broke out of a massive downtrend line AND made a higher low before going sideways. Fiat inflation steering people to hedge into gold/silver once again? So, is it silver's time yet?

thekevin

I believe the Dec/Jan move was a 'macro' wave 1. Wave 2 was a WXYXZ correction - the last wave was a B wave that ended in a truncated C, this is not wave 1! Waves 3,4,5 will be included in the next move. Wave 2 was long and drawn out so wave 4 will be fast and sharp.

thekevin

I believe BTC is finishing up a wave 1 structure. It may well break out through the major downtrend line (dating back since the last bull run). The wave 2 may come back down to test this downtrend line as support (this may also happen to be the 0.5 - 0.618 retrace of wave 1). After the wave 1 retracement and consequent re-test of major resistance/support, wave 3...

thekevin

I want to see if this comes to fruition!