AmazinRaisin

AmazinRaisin Updated 

Looks to be like $6500 was the low. If people think they can short bitcoin under $6500 they're going to keep buying higher. Near term there looks to be bearish divergence on the MACD and RSI. BTC should be able to hit the log cartel line around $8500. Laddering in the mid $7000 range looks like that will be as low as BTC will go. After that minor push down BTC...

AmazinRaisin Updated 

The first impulse wave of five has been completed and the second wave is in full force. Wave 2 has to have a ABC correction. If you are looking to add on some bitcoin I think adding around the .5 fib and .618-.65 FIB will be a good area for a bounce into the 3rd wave. The 3rd wave should bring bitcoin to around 14500 to 15300 depending on how far wave 2 retraces....

AmazinRaisin

XEM has been on quite a crash as of late losing over 80% of its value from the previous run up. The RSI is looking extremely oversold on the daily chart. The MACD histogram is starting to swing up along with the lines starting to cross. It looks quite similar to the last drop with the histogram. If that happens it should get up to about the .5 FIB. To be safe TP...

AmazinRaisin

Btc has formed a falling wedge. This usually breaks upwards. The volume is decreasing looking like it will be making a move soon. The rsi is starting to bullish diverge. The macd histogram is rising up. All this indicates to me BTC will be going to break up soon

AmazinRaisin Updated 

Looks like wave 2 of the elliot wave has been completed. I have counted the waves down and this count fits. The C sub wave has found support on subwave 1 of wave 1. Also, subwave 4 of 1 had support. I show it here with the red line. The MACD and RSI are showing bullish divergence on the daily chart. Wave 5 could bring Steem prices as high as $22. A low end wave 5...

AmazinRaisin

Could this still be wave 4 and BTC is in the sub wave C part? The first sign I'm skeptical of it going down a lot is the golden cross just happened on the 4 hr time frame. This means the 50 EMA crosses above the 200 EMA. Also, Look at wave 2. It looks very similar to whats going on right now. I did a FIB extension and it went up to .5 on the B wave then dropped....

AmazinRaisin Updated 

Looks like wave 2 is nearly done for etc if not done already. The MACD has been showing bullish divergence for a while. There's also 3 weeks left until CLO (Callisto) airdrop which will likely add to the pump. Also, I see an ascending triangle forming. Measuring that looks like TP2 will likely hit. TP1 is a more conservative measure. Wave 5 could possibly see...

AmazinRaisin

To me this looks like an elliot wave double combo reversal and we are starting a whole new elliot wave. The MACD and RSI have shown bullish divergence.The price dropped into the sweet spot of .618 to .78 FIB lines. This could be the start of wave 3 which could take it to .0051494.

AmazinRaisin

Looks like wave 4 is over for litecoin. It nearly touched wave 1 but didn't. The B wave down on wave 4 looks to have 5 sub waves. The MACD has swung up. The RSI looks like it pivoted. On to wave 5 we go. Pending on how the 5 wave turns out it could get as high as $700. I'll be keeping track of the 5 wave sub count as it goes up to have a more defined tp.

AmazinRaisin Updated 

It pains me to say this but we could be in for 1 more wave down. First off how will we know if this wave count is wrong? If wave 4 breaches into wave 1 which is around 9230. BTC can definately hit 9k still as of now. When btc hits the downward resistance line it will likely be the end of wave 4. If shorting, 9300 seems about right to stop out of short due to what...

AmazinRaisin Updated 

ZEC looks to be having a reversal. The MACD is showing a bullish divergence occuring. ZEC has broken through the ichimuku cloud. I think ZEC will be having a strong run in the upcoming months. This will be a good midterm hold

AmazinRaisin Updated 

On Macd and RSI there's bullish divergence on btc 4 hr chart. I'm thinking we are getting close to a run up. Also, btc is at the bottom of the wedge. The shorters know this and if you're short I'd be getting nervous. The risk/reward to short is looking worse since we just hit the .618 fib. Could it still hit the .786 fib? It sure can, but imo it's not worth...

AmazinRaisin Updated 

I keep trying to find reasons why people are saying btc will drop to $7500 to $8000 range next. I can't understand how they missed 3 big supports nearly right next to each other. If we go back all the way from where the run started and look where the .618 FIB is, it matches up almost to where the 200 ema is. Also, that previous uptrend resistance line a while back...

AmazinRaisin

Waves looks to be on the move upward. The MACD has shown bullish divergence from July to Nov creating a reversal. A golden cross looks to be close with the 50 ema pushing towards the 200 ema. Waves risk/reward looks great because it's in between the .618 and .786 FIB lines. There also looks to be a pennant forming. With the momentum being bullish I think Waves...

AmazinRaisin Updated 

Trx entry is almost here. The price is riding the 4 hour ichimoku cloud down to the buy zone. There are 3 entries for TRX: when it falls to the uptrend line, hits the .786 fib, and finally the previous ATH which i showed as the red line. Buying near the .786 FIB gives a great risk/reward.

AmazinRaisin

There has been a bullish divergence on the MACD 4 hr chart for quite a while. I think VTC is due for a reversal soon. Also its hovering right around the .618 FIB; an area where reversals seem to happen.

AmazinRaisin Updated 

The previous double bottom went down to the .786 FIB. If that happens again it would be right around the 10k mark. This might be a good area to buy more or close some or all of your short if you are.

AmazinRaisin Updated 

Looks like lbc is on its way back up to ath prices. The 50 ema hasn't crossed over the 200 ema making it a good entry. In the upcoming weeks the golden cross should happen and then we really go to the moon.