bdfulker2

bdfulker2

It looks like we have a possible inverted head and shoulders forming. We need a slight correction for wave 4 when that happens it should drop down and give us our right shoulder which will form the inverted head and shoulders pattern with a target of around 9150-9450. My actaul target is $9300 so I put a $150 buffer in either direction. Good trading and good luck...

bdfulker2

Look at the chart we have an inverted head and shoulders forming and if confirmed we will have a $290 target. But as always in a semi down turn we have to see what happens to BTC if BTC drops then we will likely see ZEC fall in the short term. So lets go BTC so we can hit our price target on ZEC

bdfulker2

So for some time now EOS has been in a bearish setup. It had 2 head & shoulders patterns the smaller one in red the target has essentially been reached or about 90% of the target. The green and larger one if still in play could mean alot more downward movement in the market. Take a look for your self.

bdfulker2 Updated 

I didn't think that AE would go below my trend line, but it did briefly and now we are getting bullish divergence with price and RSI

bdfulker2

The green trendline show best buying opportunities in the past. Every time it falls below there is a spring and normally and up trend follows. Below the red trend line for a daily close and I will be a little worried. But alot of this falls on BTC as the market follows it for now. Whats next hopefully BTC bulls stay in control for at least another week so AE can...

bdfulker2

So AE has fallen below the long term trendline. It is now in a wycoff accumulation phase. I am not sure if the cup and handle formation has been invalidated. But I expect AE to at the very least go back above the trend line and continue on its long time trend. I would wager that I think it will do way better than that, but alot of it depends on BTC because the...