Looking at fib retracements typical to Ethereum, it would seem that the market bottom is clearly not in yet. I only pray that I'm wrong - that would indicate a total market reversal. Otherwise strap in for an epic short. I know I'm going to put 100% of my funds in BitMEX for the REKT!
Put money in thy purse; follow thou the wars; defeat thy favor with an usurp'd beard. I say put money in thy purse. It cannot be long that Desdemona should continue her love to the Moor—put money in thy purse—nor he his to her. ~ Othello A1S3, 336-344 Hello friends! Silver is one of the few commodities in a multi-year downtrend, presenting ever-reliable short...
Peak to peak and trough to trough analysis reveals a parabolic curve bottoming out and could lead up again. All signs point to further consolidation over subsequent months before bitcoin 2.03% resumes its uptrend. Takeaways: 1. Elliot Wave patterns are predictable to a great extent which can be used for short term margin trading. 2. Model shows decreased...
Bitcoin Price Movement 2018 - EW / Fib Extension Targets
TRX looks prime to hit a target of 0.0000125 (28%) from current price (0.0000973). - Elliot Wave #5 move up - smaller fractal consolidation from 0.00001025-0.0000955 - first big move up will be when the mini-upper channel (normal green line) is broken - second big move up after upper channel (lime green line) is broken - hype will be real so sell the news ahead...
ZClassic is one of the few coins that I am absolutely bullish on - I considered putting my whole stack in ZCL but of course, that would be terrible portfolio management. I like to think that smaller cap coins that are relatively unknown like ZCL tend to maintain the same demographics - or at least, buyer behavior is similar - making it an excellent TA case...
We are coming to the end of wave 2, heading up to wave 3. Waves are likely to decrease in duration due to the increase in volatility and bullish sentiment leading up to CME futures launch and the uncertain consequences of such - market is polarized, though mostly in favor of the futures contributing to an increase in BTC value and volume. Regardless of what...