Right now I see this as a possible shake out before a big move up to 14k on the 3hr leg2.
We got another leg down on the 12hr for leg3 and it was pretty brutal. Its already come down in 2 legs on the 3hr and is therefore nearly complete. However we may get a final leg 3 down on the 3hr as we currently have only done 2 legs down on the 3hr. 2/3 legs down on the 12hr = 1 leg down on the 3day 2/3 legs down on the 3hr =1 leg down on the 12hr 2/3 legs...
We are leg 3 down on the 12hr. Once this leg is finished there will be a big move up possibly straight to 20k. So don't miss it! The way to catch it is to move down onto the 1hr chart and count 2-3 legs down inside the 3hr. We are currently leg 2 down on the 1hr inside leg 2 on the 3hr. The market always moves in legs of 2-3. But knowing this is not a holy grail...
3 legs down on the daily is a scenario that if true would give us a huge move up on bitcoin to 20k and beyond fairly soon!
We have moved down in what looks like 2 legs on the 12hr. Look ready for big move up after leg 2 on 12hr is complete. It may already be complete or we may do leg 3 down on the 3hr. If we do this will be a great buying opportunity. If you look down inside every 3hr leg I have drawn you can count 2-3 legs inside it on the 1hr timeframe. If we push down for a leg 3...
Bitcoin has been making higher highs on the 1hr for some time and has retraced and stabilized on the daily timeframe. I now see it easily retesting recent highs and in all probability surpassing them.
0My technicals are lining up very nicely we are 2 legs down as indicated by the arrows. I heard news today that Japan legalising consumption tax on bitcoin and would be expecting a rise in trading volume. This news may be our rocket fuel. Entry price 0.00006633 Exit price Moon
Dash has made a higher low and is now ready to take off. Looks like BTC is taking off as well which makes me think that we are going to see some big moves upwards across the board. Entry price 0.07 Exit price 0.12
Namecoin is looking very strong on the weekly timeframe and is long overdue a pump. I have zoomed down onto the 12hr and can see higher lows. Entry price 0.0011500 Exit price Moon
We had a sudden move upwards on Gnosis which looks unconvincing to me. The bears are starting to impose themselves with some lower highs and it looks like we are about to sell off hard. Entry price 0.1227 Exit price at least 0.1000 depends on market state.
My technical are telling me that are we are setting up for a further move downwards after a weak retracement upwards on the 1hr timeframe. With ETH weakening the market is on the whole looking more bullish. The fact Lisk is already weak and in a bearish downtrend makes this a nice opportunity to short. Entry price 0.96301 Exit price leave until at least...
I see that where getting ready for a big push on the weekly time frame. I have zoomed down onto the 12hr and can see higher lows. Viacoin twitter has also announced they are signalling for segwit in the next few days. Entry price 0.00054026 Exit price 0.0009000