Blocknet Did 4800% Followed by 20,510%, How Much Now?We are looking at Blocknet (BLOCKBTC) long-term and trying to figure out how strong the next bullish wave will be...
Looking at past history, we mapped two strong waves.
1) The first one started when a low was hit back early November 2015, this led to a 4800% strong bullish wave.
2) The second one happened after a higher low was hit late January 2017, this led to 217 days of strong bullish action and a total of 20510% of gains... This is how good the small altcoins within the cryptocurrency markets are.
3) Another higher low has been hit in early January 2020... This can lead to many months of strong bullish action and great gains. Right now I am looking shy at 1870%+, but more gains are surely possible.
On the next altcoins market bull run, I believe that Blocknet (BLOCKNET) can do 30X the last ATH... Hard to believe?
... We just wait and see...
In the meantime, this chart is bullish and Blocknet prices will continue to increase.
Namaste.
Block
NZDJPY 4 hour block - January 8, 2020NZDJPY 4 hour
- Currently NZDJOY is in an uptrend.
- Price is coming near previous pullback which intersects with the 61 and 71 fib level.
- The pink ellipses outlines a head and shoulder formation with the current price being the right shoulder head.
- If price creates a H&S formation, NJ will come back to the major daily uptrend line before breaking and retesting or creating a 3rd touch and moving back up.
- Price may also break the minor trend line here and continue moving up.
GBPUSD 2 hour order block - January 8, 2020- Order block on the 2 hour has been highlighted.
- The large trend line is a daily trend line (blue) where we have a possible third touch on trend.
- Support is currently being created on this block.
- I expect price to take off once it nears the daily trend.
- TPs are at previous highs. Since we are looking on a larger trend line, Stop Loss is adjusted to be approx 30 pips below the orderblock.
USDCAD Daily - Long BlockUSDCAD
- Bullish engulfing creating an order block
- Price currently creating support off trend
- Looking for price to hit at least 1.32000 mark before continuing up / retracing
- There is bullish USD news this week which could be our catalyst for a move upward
- SL placed below previous lows at 1.30050 / Entry at 1.30650
GBPCHF 4 hour Sell Limit Block - December 3, 2019GBPCHF 4 hour retest
- This entry coincides with the daily GBPCHF short posted before this one. Looking for a retest off the uptrend to create a downtrend move.
- There is heavy liquidity below for price to soak up and touch the uptrend line once more.
XAUUSD Short on the 12hour and Daily - December 3, 2019Waiting for momentum to slow on a high timeframe, particularly the 12 hour with a rejection around 1483-1485 and Stop Loss at 1495. Price is at a strong previous support and now may be looking for a retest around the previous pullback on the swing low.
AUDUSD - 4hour Order Block - November 27, 2019AUDUSD 4 hour
- There are a few nice pullbacks in the area around where the order block was formed. The one highlighted shows an area not tested yet. There are also around 3 touches to the downtrend trend. AUDUSD may be close to making it's last move to the downside before we begin to see momentum slowing down.