G0ldenross

G0ldenross

Right now we have a bounce in Major Support area , Although it was broken. We have Buying Climax, Good bull pressure at the moment, but be careful with traps, you all know my strong analysis. We can be headed to 6.9k where I found first good resistance using Fibonacci, if we can get pass through this area, we might try to break stronger resistance at 7.6k,...

G0ldenross Updated 

Right now we have a bounce in Major Support area, Although it was broken. We have Buying Climax, Good bull pressure at the moment, but be careful with traps, you all know my strong analysis. We can be headed to 6.9k where I found first good resistance using Fibonacci, if we can get pass through this area, we might try to break stronger resistance at 7.6k,...

G0ldenross Updated 

Continuing with my previous analysis, we have our upward Channel since 2015 right?, ok, we get out of it because of the FOMO in December 2017 and had a parabolic movement, NOW we are trying to get back to normal channel for ¨sustainable growth¨that will lead us to an ATH not in 2018 nor 1Q of 2019 no, it appears that is gonna happen to 3Q or 4Q of 2019, IF it...

G0ldenross Updated 

There's not a lot to say, Market is in accumulation, im not expecting big moves over 10k so easy at least not before October. and if it Goes over 10k, maybe 12k would be my target and then we could see another test of the market in the 7kish and a Max Low Point in the 4.5k ish, I don't see bitcoin going lower than that, after that I will be expecting the next Bull...

G0ldenross Updated 

The Idea of a Bullish Run is definitely exiting, specially for this year, but I have to agree with some partners that I don't see a new ATH or a Bull Run like 2017 for this year, maybe 1st Q 2019, and maybe we will start seeing an uptrend movement at 4Q of 2018, I don't know I'm not a prophet, but these 2 things can happen in the next weeks. Thing #1: we can go...

G0ldenross

Even that's true it has a lot of resistance, it has a good F.A too, so here you can see how it broke out the first downtrend resistance since it's ATH, now it has already touched 2nd resistance and is pivoting in the ascending trend line giving us a good Entry point. I used Gana Fan to stablished some resistance lines, and it is currently below the 2/1 level. RSI...

G0ldenross

OmiseGo is soft touching an ascending trend line, is in the pitchfork mid area, the only thing it needs is to cross above EMAs 10-26-55 and close the candle above them in the daily Chart. It's growth has been a sustainable one so I don't see other reason than a bitcoin price action reason not to have a healthy growth in the short-mid term for OMG. Modest Target...

G0ldenross

Ethereum has a los of great fundamentals this year and forward, so this is a projection idea for the next months to come. We can See major supports on the fibs 0.886 and 0.786 levels, and then we can see another major support formed by the ascending trendline. Also I used the pitchfork to confirmed this Ascending trend line, which gives us an increase in price of...

G0ldenross

So, I have been watching closely BTC sin the BIG Green Candle that would take us to the clouds... and notices the same pattern over and over again in a smaller TF, in a Bigger TF like 4hrs you can see this tiny patterns as accumulation, maybe, but what happens if it repeats in Greater scale (4hr-1D TF) and a Big Red Candle is Drawn?....

G0ldenross

It has behave so well these days, now it faces resistance above the 15$ area, where it needs to breakout descending line of the triangle to reach levels at 18$ again and continue the uptrend to new highs!. This range will get us all the way up to 35$. So for now that would be my target for mid term. On the other hand, if it can´t cross above the triangle, it...

G0ldenross

We can see a Descending triangle formation on 4hr TF. I previously stated I´m waiting it on 6k and below. I just want to share right now that every one of each analysis a I´m doing right now, I am seeing a bearish sign or formation in every TF. This triangle formation gives a target somewhere between 5.7 to 5.9k. So this can take less than 4 days to confirm,...

G0ldenross

Hey again, a formation I could detect in time (I hope in time) in the 1hr TF.... An inverted cup&Handle formation, this could take us under 6k support zone directly to de 5.7k mark, Following of course C&H formation. We will def test 6k support but if we do not bounce over there, 5.7k will be my next target. So I could short a little. Good luck everyone on your trades!

G0ldenross

What if Bitcoin bounces from 5.9-6k and confirms Double Bottom? it could easily breakout the downtrend line, it shouldn't be so hard task to complete, just to reach 8k from that point. Our bounce target would be from 7.7k to 8.3k. If this is confirmed then market could recover in 15-20 days..... But This is just an idea, we don't make the market, market makes us :)

G0ldenross

ETH has recover a 3.4% of it's Market Cap and it is at -59% from it's ATH, but it apparently has more way to go downwards. So, we are at the moment touching Fibonacci Retracement Level of 0.618%, it could bounce a little and reach 0.5% Fibonacci retracement level. BUT, it is actually forming a symmetrical Triangle on Daily Chart and it is still in the middle so,...

G0ldenross

It appears a perfect Buy entry zone right now for ADA/BTC either you want to do a mid-term investment, short term investment is good too but probable we'll have to wait a few more days. A descending wedge has formed so a trend reversal is expected, it is a bit more of a 75% down of its ATH and finally has reached big support area between 0.00002500-0.00002600...

G0ldenross

Apparently we are seeing an Inverted H&S right now in a DayTF. I still believe after this breakout this one will touch the 400k sats.So it might be a good Entry Point right now. Good Luck