CapitulationCalls
Larger view chart will be posted after.
This isn't financial advice, but ill be buying around January - February of next year.
This is what i'm looking at. Hero or zero incoming, ive got my money on Hero. This is not financial advice, im just a noob about to lose all his money
created this chart a few days ago, this is what i see panning out.
If the market cap doesn't break down after touching bases with ~212 Billion i could see ~425 Billion by the end of the year. Possibly an ALT season while BTC crashes, but that's unlikely as of now. Watch for a break into the lower end of my Pitchfork projection. Safe trading you guys.
I don't follow BTT very much did a little charting, so take my analysis with a grain of salt. Watch for a break between 3850-3820 today (or when ever it attempts to enter the lower end of my pitchfork. If BTT finds support we may have a short move up until ~the 18th of this month.
We seem to be in a bearish pennant, a measured move sets us down at 7.2k, directly correlating with my past Gann projection. A short corrective wave should follow to the upside should follow, ~8.8k-9.2k depending on the time frame. Good luck and safe trading.
*This should not be seen as an accurate depiction for Bitcoins future* This is just me playing around with the charts/ what trends i could see as a possibility in either scenario. Downward/ upward spikes could be more or less intense given the amount of volume that will be happening during said moves on the market. Bitcoin "Should" be testing the downwards trend...
Update: A few more lines added in to show direction Down to 190 Billion then... Up to 212 Billion... Most likely a dump to follow, if we break up from 212 then we may be seeing a reversal on the market. Hard to speculate where we will go from here. I still seeing the details laid out in my last update panning out, refer to my last post for relevant data.
Update: changed my lines around a bit and through in a schiff pitchfork for reference to levels. Looks like we are going to be consolidating at this price range for the next ~3 days. What does this mean for Bitcoin and the ALT coins you may ask? We most likely will see a rebuild up of Bitcoins markets cap putting its price back up t ~8,800-9,200. If Bitcoins...
next 9 hours: Break up = 227-237B Break down = continued downward movement to 175-190B
Just a prediction of our next moves on the Crypto-Market down to 212B then... up to 450B? or... Death. Only time will tell My friends, safe trading.
Targets the same as my last chart. Open discussion on my charting is welcomed. ~11,500 then dump to 9,700, with further downward movement. Bull trap (~11,500) into a bear trap (~8,100).
Pitchfork channels projected from Nov. 2015. Gann projected from base of pitchfork and ATH's of 2018. First target ~11,500 (First target may fail at ~10,275) Second target short to ~8,100
This is a new style of trading i am currently perfecting refer to it as CarsonsGannishPitchfork (Module) Or "CGP" (Module) for short. If you have any correlating thoughts to my current ideas "XRP having one the best use cases in these regards", feel free to contact me. Ripple (XRP) chart in attached ideas below. Thank you and good luck. My chart may seem...
if the blue oval is tested and broken out of these are my targets. target 1) 8.20 target 2) 9.75 target 3) 10.85
what i see panning out. There could be a move up to roughly 62 dollars short term.