SUB/BTC breakout soonHaven't seen any Elliot wave analysis for SUB recently so i thought i would give my input.
If my wave count is correct we may be about to finish of an ABC correction which has retraced to 0.618 fib which coincides with wave 1 and wave 4 of the previous run up. RSI indicates very oversold on the 1day and 4H charts. We are currently in the buy zone now however if you decide to buy now i'd put a tight stop loss as we are trading directly on the 0.618 fib with no real bounce or volume to support it. If this support breaks a fall to the 0.786 fib is likely. Alternatively wait for confirmation and we should see a new uptrend soon and i feel this coin is a very good project so a great long term hold.
* This is not financial advice*
Substratum
Substratum, wake up baby (40% potential gains)Great signal for a buying opportunity! MACD & RSI strong buy signals
Go all in or go home ! Just kidding, risk money management and 10% rule.
Good luck!
Substratum ready for take off?Purple: Support/Buy-In Zone
Target Price 1: green box
Target Price 2: yellow box
Target Price 3: red box
Substratum long term holdSupport at 10k is strong and I believe SUBBTC will form a cup and start moving up again in the next 1-2 months. The perfect buying time will be right after the price consolidates and starts gaining momentum.
In the long term I see Substratum aroung the 20th position in coinmarketcap. The project is very good and it is my top undervalued one. There's been substantial progress and I hope the team will deliver further.
Substratum PredictionThis is my prediction for substratum, please feel free to point out any mistakes you see or differences of opinion.
Thanks for looking!
SUB/ETH long After the delay of the prototype, SUB is very low. I believe that today is a good day to go long. It is so oversold now.
Potentiel return will be around 180% in 2 weeks (if they bring the prototype and it's good).
What do you guys think?
SUB/BTC continues to look bullish, is it time?From my previous chart, we have managed to not break down into a critical zone that would of been bearish.
I will add more depth to my ta later on, however, the next few hours, or sooner should be decisive as to what pennant the candles fall in. Remember we need a two hour candle confirmation to try as best as possible to validate a reversal, or movement in trend that is of significance.
I am long on this, and i expect a very nice bull run!
SUB Correction Over?After a nice bull run we seemed to have consolidated nicely on the .618 area. I would look to add to my position here or go long for those looking to get into this token. Huge upside potential here and I am looking to hold this long term. Will not set targets, but we will most likely reach towards our ATH soon, and may surpass it.
SUB/BTC in correction looking for new ATHsBINANCE:SUBBTC New to elliott waves so let's see if this scenario plays out. Most holders of this coin are very bullish on it and the project as a whole. The upside potential is still definitely there.
SUB/BTC Elliot Waves 320% GROW?!SUB has had its major correction and is now ready to launch to the moon.
It recently got pumped & dumped by MC Afee which is causing a fantastic buying opportunity for us!
Strategy:
1) Buy ~9000 SAT
2) Stop-Loss ~8400 (or higher for safer)
3) Take %Profit at Safe target.
4) Rebuy the dip and place new stop loss. (Advanced)
5) Take %profit at slightly below target 2.
6) Sell at Target 3.
IF you would like to thank me after you took profit:
BTC: 1EQuazVs5MHpcBrceUvKWwtmFBVpNn6hxw
ETH: 0x9746e2692bad3dc2da5c8d759e2d8c56af74e3d9
SUBTRATUM DOWNTREND SHORTHey, atm sub is going down, consolidation. Fib retracement shows that we'll have to buy soon since people usually buy at 0.76 fib then sell at 0.618. Profit to make here.
Substratum Regression and ProjectionFollowing the Ellliott Wave theory, we have completed wave 1 (high 21850) and are closing in on the end of wave 2. As we can see there is a MINOR support at the ~9200 sat range, I believe this support will be broken in the following days giving us a fall to a much stronger support around the ~8000 sat range. With a complete 1.0 measured move based on Fib Trend Extension we should see wave 3-target 1 around the 26900 range, buy in at the bottom of wave 4 around 21000 sats, and wave 5-target 2 being at 38000 sat range.
We are seeing oversold signals from the RSI but don't let a false breakout suck you in. Don't get caught in a bull trap. If the current trend breaks out before the buy targets are hit, buy after confirmation to protect yourself.
These are just my own thoughts on the Substratum projects current trend and where I believe we are heading in the future. We must let it play out and let the coin run its natural progression. I am in no way a financial adviser.
Let me know your thoughts on the charting or the project as a whole.
Stacking buy orders between 8000-9000 sats with a stop at 7700. If the 8k support is broken it is a long way down.
SUB downtrend with possible breakoutHere is a step back view of the last month in downtrends. Now in log view! Just for the people who truly love trendy angled lines all over the chart.
A long green upward trend support may act as either a candle bounce off point for a sideways movement for the next few days. Giving Sub a chance to break from the current downward movement. Seemingly around the second of Feb. It could bypass this all together continuing it's current trend to the 7800 area into Feb. From there it could keep it's path, making me second guess myself and encouraging me to keep my day job. This could give SUB another chance to (sharply) bounce up testing what would become a 10650 trend resistance.
Or it could fall off the face of the earth and I would have been proven wrong. Causing me to go back to studying how this works. Maybe I can blame it on the futures. Keep in mind I do not do this for a living. I am just a maths nerd who thinks it's wonderful to make colourful lines.
General trendsA step back look from mid Dec 2017 to Feb 2018. Not seeing any really obvious reversals in this bearish trend.
SUBBTC SubstratumCompleted impusive initial wave set, now main course to be introduced to the table. Upward ranges presented, hope the best :)
SUB: Rambling about possibilitiesSUB can be analysed two ways.
1. Drawing trendlines, seeing its growth channel and drop conclusions in light of it.
- long-term;
- the green triangle is out of it, but why?
- maybe it will drop and form the red triangle?
- one thing is certain - their project is real and it's good. so my bet is to go up.
2. Seeing it as a bullish flag. Signs:
- volume is diminishing through the flag;
- volume went up preceding it;
- there's also a little bullish rectangle.
Both can be summarized as a Elliot Impulse Wave (12345). The 4th and 5th possibilities are in the chart!
Sub topped outSubstratum is showing bearish divergence in the Chaiken Money Flow. Time for a correction.
SUB 170% gain soon, open beta soon + fib levels + MACDSUB 170% gain soon, open beta soon + fib levels + MACD
checkout the project at substratum.net
SUB Looking To Go UnderwaterSubstratum is a great project. Good fundamentals. However there are many signals that it is going down for some consolidation after a great bull run.
1. H&S has just completed.
2. RSI way under 50 and no signs of reversal yet.
3. Bearish MACD cross.
4. Price under the kumo on the 4h.
I suggest layered buys at each entry.
PM me for targets, custom charts or if you want to join my charting course.
SUB / BTC - last Elliott wave before reactionI went fully Fibonacci on SUB.
Using the time zone, retracement, extension and arc/circle tool.
Any thoughts on the target zone?
Substratum (SUB) going for a new run: Possible 200% opportunitySubstratum is displaying a bullish MACD divergence together with a Doji 4h candle on the exponential channel support. I believe these are strong indicators that a second runup in price will occur. The two previous runups peaked at the 2.618 Fibonacci extension of the previous one, which sets the take profit range at around 35ksat to 40ksat. Buying at the current price of 13.8ksat will provide a rough gain of 200%.
However, the bearish trend seen since the previous peak is relatively strong. I recommend setting a stop loss order at 12.5ksat
Buy: 14ksat
Sell: 35ksat - 40ksat
Stop loss: 12.5ksat
SUB - Wave 5?If it breaks the support line with wave 4 this TA doesn't apply.
Substratum is about to launch its platform as well, might agitate the market.
