Hello friends how are you, basing my analysis on elliot's wave theory and having finished that last correction there should be a last 5 wave boost to the upside. The area where price should move for this last impulse is drawn on the chart and is based on the previous two 5-wave cycles. These 3 sets of 5 waves form wave 5 on a larger scale. $ 84,000 is a good price...
Over time it may not fit exactly as it is drawn but the price behavior should follow the pattern. Good luck!
Dear Traders, Everything is on the chart. Dogecoin is going to have a massive rally like the one it had in 2017 which started 238 days after the bitcoin halving of 2016. If we analyse price structure it has lately behaved like the 2016-2017 pre-pump. We've been lately trending down (-30º) to the historical level of 15-16 satoshis which is a good point for...
Dear Traders, In the last 30 days Grayscale has bought a bunch of litecoins. This information is updated daily and you can be found here: www.bybt.com If we look at the chart a clear double bottom formation is drawn. It's time to do something about it. Entry: @141$ Profit Targets: TP1: 184$ TP2: 213$ TP3: 234$ TP4: 252$ Stop-Loss SL: 135$
Dear Traders, As you can see in the RSI BAT is oversold in the weekly time frame. Looking at the chart we can identify that price structure has also formed a falling wedge. If we look at fibbonaccis we can see that BAT could have found support @ 1.618 fib level. If we look at BAT in the |DAILY TIMEFRAME|, MACD already signals a bullish cross. I expect alts to try...
Dear Traders, As you can see in the chart above we have an oversold RSI with a bullish MACD cross. The price has formed a falling wedge structure that has been recently broken and a confirmation has been made. It's time to see an upwards movement. As you probably know there are good fundamentals for tomochain for the end of january and the beginning of february...
Hi everybody. Although the price could still drop to 80-100$ zone I consider this time a good purchase opportunity to go LONG. We have a possible double bottom formation while bouncing on the AB trend (Point C) and also the daily RSI is in oversold zone. Everything is on the chart. Best reggards. Janpr99
Dear Traders, I know NANO has been compromised recently and that make it dump about -54%. Now people are starting to buy here at 1.618 fibonacci support. MACD Cross Positively and RSI is low. We bounced here some days before so I think we have probabilities to bounce at these levels again creating a double bottom. Also I think we can rebounce here after creating a...
Tron testnet release in 5 days. We are bouncing from 0.236 fibbonacci retracement. Minimum profit +12% based on the bullish pennant. The break to the upside from the bullish pennant will start the 5th elliot wave!
Probably something like this. I'm noob so don't follow my charts or you will lose some money.