Ethereum's local top was undoubtedly a 5th wave of something, but the question remains: of what? Zooming out and comparing Bitcoin's Macro to Ethereum's, the shape of the two are remarkably consistent. However, a fairly decent case can be made that Bitcoin has entered a bull market and is impulsive to the upside. But, in my opinion, it is far more difficult to...
Potential long opportunity here for Bitcoin Cash back up to $275 - $285 before completing the local corrective structure to the downside. In the longer term, I am looking for another push up to roughly $400 to occur at some point between September 18th and October 29th. Unless this becomes impulsive within that window of time, I expect to have another...
The drop there was pretty truncated but if the rest of the market finds some ground here then there's a potential long opportunity in Dash.
Saw a nice B wave pullback like we were looking for. Opportunity for a bounce back up here to $3.50 - $3.80.
Bouncing at the .786. Potential Long opportunity in the highlighted region.
I'm in the process of narrowing down a macro count for ETH, but I wanted to get this post out quickly because we are at one of the potential reversal points right now. The most obvious point to note is the extremely heavy Bearish Reversal Divergence that has printed on the daily timeframe - which is either indicative of a topping or at least a significant...
Ethereum is in a very tricky spot being the only high-cap coin that appears to be moving up impulsively. As a result, I would have to say that this is a no trade zone for me personally. However, the potential for upside simply isn't worth ignoring - so if the rest of the market begins to look stronger towards the upside, I'm all in for a long trade in ETH. In my...
Waves is potentially looking to cover some solid ground over the next couple of weeks.
4 hour analysis. Looking fairly corrective. Likely to see continuation up following a pullback with $12k being the more conservative target. If it remains corrective, the local ABC would serve as an X wave connector for a larger WXY. Currently facing sell pressure at the .5 Retracement and will likely face heavier pressure higher up at the .618 retracement. The...
Bitcoin is hanging in a fairly critical area in the balance between a new Bull market and Bear market continuation. There are many indications, technical & fundamental, in favor of both. Purely based on the technicals that have laid out for us since the start of the bear market in 2018, Bitcoin is still in a bear market until proven otherwise. As someone trying to...
Bitcoin looks ready to potentially continue up from here, but possibly through an alternative perspective. Based on the performance of alt-coins, my bias still leans towards a more bullish perspective. However the potential macro flat correction in Bitcoin, that I had mentioned previously, has grown increasingly more favorable in my opinion. After analyzing it...
Two potential scenarios for Cardano. The count highlighted in yellow represents the potential 4th wave mentioned in my previous Cardano analysis. The count highlighted in white represents a much deeper macro correction if the larger impulsive structure has finished. As of now, my bias is leaning towards a macro correction.
Potential long setup for DASH. Beautiful confluence with the 1:1 at $77-$78.