OrigamiOracle

OrigamiOracle Updated 

Working within pitchfork towards target at intersection of Gann fan, down trend and big even of 8000. The previous target of 9000 now looks unlikely to be reached. The bounce still shows enough energy to break above 7000 and touch 8000, but volume and trajectory appear too low to reach higher. Mid term outlook is still bearish with a target of 3000 in...

OrigamiOracle Updated 

BTC has retested support at $6000 and appears to be ready to break out of the descending wedge. The blue Gann Fan is drawn from the breakout of $1000 to the peak at $2000. The Purple Gann Fan is drawn from my predicted low at $4000, and adjusted to include the recent wedge formation, and many other significant points (some are circled). This places the low of...

OrigamiOracle Updated 

ADA is approaching the end of a Descending triangle pattern forming on strong support. The apex looks likely to coincide with BTC's break above 7000, which should allow for optimism to win the decision point for ADA. Entry <0.000024 Stop 0.00002327 Target 0.00002745

OrigamiOracle Updated 

BTC looks ready to complete a short term bounce before dropping to 4000 (see attached chart for long term view). SMAs are showing good compression at the apex of a triangle pattern which could send price back up to the downtrend resistance line. The triangle has broken down twice, each time to be supported by the support zone at 6400. This suggests that this...

OrigamiOracle Updated 

The previous hyperwave analysis of BTC is now invalid as one of the two assumptions proved to be false. Upper targets remain the same, however the entry point has been lowered to $5,000, with the potential to reach $4,000. This target is found at the apex of the prospective descending wedge formation, which intersects with the phase 2 trend line. This trend line...

OrigamiOracle

The tech bubble is about to burst as we crest the zenith of the long term debt cycle and begin a deleveraging. This video gives a good summary of the debt cycle: www.youtube.com Amazon is a textbook example of a hyperwave, and is now approaching the end of the fourth and final impulsive phase. Almost all hyperwaves result in a collapse of price back to the...

OrigamiOracle

This prediction is formed under two assumptions. If either is proved false, then the analysis is invalid. 1. Bitcoin is currently in Phase 2 of a Hyperwave. For more information on hyperwaves please watch this and other videos by Tyler Jenks on his channel www.youtube.com 2. The Summit tomorrow (June 12th) between Trump and Kim Jong-un will result in a volume...

OrigamiOracle Updated 

The fundamentals of EOS appear increasingly dubious. Centralisation (50% of EOS on 10 wallets), many bugs found in the protocol, and potentially over promised functionality in "real world" conditions. The success of EOS has largely been due to the extensive marketing hype, which seems to have now left the market over extended. A Gann fan and Fibonacci...

OrigamiOracle Updated 

BTC has held support within the symmetrical triangle pattern, which completes a 5 wave corrective set. Volume remains low, but an influx would likely cause a break out. Things are quiet, dull, boring - the most important time to pay attention. RSI shows a break of downtrend with local support on 40. MACD has recently had a bullish cross. DMI indicates a...

OrigamiOracle Updated 

Triangle formation around a 5 wave corrective pattern, potential for rapid growth on breakout that could bring McAfee's $15000 by July prediction to fruition - IF triangle support holds. Fibonacci time zone with 0 on peak and 1 on (C) results in a prediction of (iii), the current time zone indicates potential location of (v), suggesting that this is the bottom...