The amount of longs/shorts on BTC is almost at an All time Low since recorded history. the All Time Low is on 24st 2017. That is just after BTC went from 5k to 3k, bounced and made a higher low. After that BTC steemed to 20k in almost a straight line probably getting so many shorts rekt. In the next chart the red line are the shorts, you see they got rekt and...
LINK had a good runup hitting TD9s now on different timeframes and hitting my leg 5 target box. It is most likely time now for a leg 2 correction before we move on up again. Looking for an ABC to form in leg 2. No target yet for leg 2, but my guess is to .382 -0.5 fib retrace.
So i tried comparing the 2013 chart to the current chart to see if we can learn something from that and get any wiser as to where current price is going next. At first sight they look pretty similar. You can see how from the top we come down to 1, bounce to 2, and dip to 3. after that we have a test of the trendline in the yellow area. Looking a bit closer, the...
BTC Looking at the TD indicator and multiple support lines we are in a crucial stage. TD is showing signs that we should bounce, either a 1 to 4 candle correction and more down or a completely new wave up to 9. You can see here yesterday was the 9 candle and today a 13 candle, both signs for some kind of bounce or full blow reversal, which one we have to wait...
QASH is close to a breakout after a TD 9 reversal candle yesterday and almost doing a .786 fib retrace. Breakout from the downtrend is close. Target is hard to give right now, but QASH has a good chance to enter the top 10 this year.
VEN is not looking strong atm. Most alts did .786 fib retraces. VEN Seemed to hold above the .5 fib for a while but broke through that level 2 days ago. We could be looking at a big ABC correction which would end around the .786 fib after all. Also you can see the lower volume in price on the VPVR indicator from price where we are now untill about the .786 fib...
Bullishness is confirmed. I had a new fresh look today at the btc log chart and started to see this setup which makes quite a lot of sense to me. We are still in leg 3. you see the 2 yellow lines we are between now, they are the 2 fib extensions of the normal target. we are on a TD 4h 8, next candle gonna be a 9 reversal candle. on the hourly we are on a 6 which...
BTC has been doing well since the bounce from $6K. We are at the target zone for the current wave which coincides with the blue overhead resistance line. I expect a leg 4 correction here before more upside in the direction of $10K.
Storj had a nice breakout and retesting now. Previous ABC correction target was hit perfectly. If we go up from here we can do a x2 to my first short term target.
WABI seems done here correcting hitting correction target and .5 fib retrace. Im looking for a next leg up to commence very soon!
ICX done with its correction hitting .5 fib retrace and next leg up started.
BTC has not choosen a direction yet. falling under the blue support line we just touched would put is in the white ABC setup going to $11k to $12k. Breaking the blue overhead resistance of the green 4 leg would put is on track for the green leg 5 to $19k+ We should know soon enough as we are closing in an decision time. We are correctly getting a deathcross of...
After hitting my leg 5 target perfectly BTC started its corection how the whole 5 leg up move. Its still a bit speculative since i cant calculate leg C yet but i looked at a few other indicators to make an early guess. target C ends around .5 fib but i could see it go to .618 fib retrace as well. It also looks like the 4h 50 ema will be around that area at that...
BTC crash came right when ZRX needed to correct anyways so perfect timing, went right to the .5 fib retrace. seems to be going up for leg 5 like nothing happened, target in chart.
TD indicator 4h giving a 9 and the 1h on a 9 as well. 2 reversal signals. And we already hit the target box of this up wave as well so another reversal signal. A perfect retrace would be to the .5 fib which would coincide with the 50 ema as well on the 4h chart, that would be around $14150. You can also see how after breakout out from the blue resistance line we...
ZEC finally stopped its full retrace moves and is working its way up in price, about time! next target is in the chart. If you like my posts and want to support me please use my ref links below and give me a thumbs up: Deribit: A reletively new European (Netherlands) based exchange. Atm only $BTC futures and options. Soon $ETH as well. Still in Q4 $BTC and...
NEO after the breakout from long term resistance is going up nicely as well. short term targets in chart but expecting much more after that! One of the only top 20 coins that wasnt gotten a big pump these last weeks. After breaking the yellow overhead line which could give some resitance i think ITS NEO TIME!!