Ethereum continues to look quite strong. I'd love to see continuation upward here in the next couple of days. Keep in mind that it has been trending for quite some time now so a reversal could be quick.
We are very close to potential areas of reversal. We need to be quite careful of whats to come. We should see some distribution if it is a top.
Calling for a top here is only good for claiming clout if you're right. Very clearly, we still have bullish momentum above a significant level. Until the higher lows are broken, anyone trying to call a top is more concerned with gaining clout than they are making profits. Could they be right? Absolutely. The top could be in. But shorts should still be considered...
I've talked a lot about Bitcoin and the structure that we could see play out on it long term, but I haven't posted one for ETH. Here's an idea that plays out similarly that would suggest continued correction. There should still be multiple pivots that can be traded, but true alt season must wait. There's been massive gains recently to be enjoyed and we should...
This is just a quick update to my Bitcoin High Time Frame analysis. We remain mostly on track with previous thoughts and I see two primary routes. I'm hoping to reach as high as $10.1 on the next BTC push upward. Doing so would result in the black route remaining my primary. Failing to push that high would likely result in the red route. In either scenario, I am...
TARGETS WILL NEED TO BE ADJUSTED: this is a multi year trading idea using ideas and structures from other charts and lower time frames of Bitcoin. It is a general map, but obviously we can not expect to set exact price pivots this far in advance. I am in no way suggesting that you should be pre-setting orders based on this chart. Regardless of what type of...
This is my alternate view showing completion of the b subwave being very close. This is a more optimistic view, but it is not my primary because I would expect more time in the B wave. For a full write up, please reference my other post: If this is my primary then why would I post it at all? Because of the similarities between the AMZN chart and the BTC chart.
Unfortunately do to screen sizes and more the ratios in this chart may look different from device to device. The appropriate perspective is below:
Note that although this structure is technically valid, this post itself is meant more specifically as a satirical post in response to the linked idea from a good friend, SatoshiHeavy. We've seen many running flats in the 2019 uptrend, so why not form the running flat to rule them all? Upon completion of this gigantic structure, the move up after completion would...
Sharing my primary chart as discussed on my YouTube video today. For full details, please watch that YouTube video. Can be found on my Twitter. Uranium stocks have seen a massive volume pick up in recent months. I don't necessarily believe these are instant buys, but I believe that we will see a massive move up once the correction completes. Pay attention to...
Here's the high time frame wave analysis I see on XRP. I am personally looking for one more move down to break the low at yellow before taking off. This pattern seems to be a basing pattern, but could be a massive X wave as well before reaching toward another low. Even if you're a bear on XRP long term, I think you would be remiss in ignoring the potential of a...
I'm a long term bear on gold with the understanding that it probably has some more upside first. There's also a count where the B wave pictured is only a W wave of a larger correction. Short term looking for some chop before a final push upward and a massive move down. I'm highly interested in playing both of these final moves.
There's not very many changes here. On a high time frame, the count remains a bit confusing. I still see three options. On a more local level, I believe we remain in a corrective move upward and will see a strong move down once it's complete. Based on the time passed since our large A wave, this entire move could be a basing pattern with a sustained impulsive move...
As charted in today's YouTube video, full details on how I arrived to the counts there. Cronos is one of the older assets in a young market. On a long term view, I believe it's in the final waves of it's current cycle. However, that doesn't mean that it can't make significant new highs. It appears to be forming a flat continuation pattern here. With fundamentals...
As charted in today's YouTube video, full details on how I arrived to the counts there. The local subwave count on EOS appears to be more clear than either ETH or BTC, but, given that EOS doesn't control the crypto market, I think it's likely that the subwaves here will be irrelevant and EOS will follow the larger count more so than the short term. Overall,...
As charted in today's YouTube video, full details on how I arrived to the counts there. The next immediate move is not completely clear to me, but on a larger scale I'm looking for a short followed by a strong long. We had a move up in December that was clearly impulsive. It seems to me that everything since that time has been corrective in nature. Depicted here...
Sharing my primary chart as discussed on my YouTube video today. For full details, please watch that YouTube video. Can be found on my Twitter. I believe that we remain corrective to the move up on the left. I'm looking for a break of the local low to look for longs. Of course, there are other potential routes that could play out, for that reason I will be...
Sharing my primary chart as discussed on my YouTube video today. For full details, please watch that YouTube video. Can be found on my Twitter. I believe Litecoin is topping out here and it seems likely that it will then form a large range for a couple months ahead.