blakeren

blakeren Updated 

I created a previous idea stating that Bitcoin would have to break through the 9.5k resistance to confirm the inverse H&S pattern that everyone is pointing out. It broke though really cleanly, and has since just retested and bounced quite nicely. The next test will be the major descending resistance. As you can see on the chart I have drawn what is a potential...

blakeren Updated 

Can see BTC forming an inverse H&S. Think it will break a major descending resistance before hitting a key resistance level and testing that line gain. If it holds it should look to head for the major resistance. Also coming out of a descending wedge

blakeren Updated 

SWT is looking really good. I've seen this a bit late but the entry price at the moment is still great. Currently sitting just above the support line, it has also recently broken ichimoku resistance, and confirmed it as support. The MACD has been showing bullish divergence since the start of August, signalling to me that SWT is about to do what a lot of alts are...

blakeren Updated 

Previously I saw a post relating to the recent crash we had. It bought to my attention the importance of repeated events in markets. Many would have seen or heard of the post showing how Chinese New Year (CNY') has the same affect on Bitcoins price, and in turn the whole market, around this time every year. Unfortunatley I can't show all 4 time periods a long side...

blakeren Updated 

GNO is yet to pump like many other alts, and it looks like a good coin to enter into now. The daily shows almost a 23% drop, making it a good time to buy. The OBV has been on a steep incline since this time last month, with the price yet to see any decent action, which indicates it's about to explode (check out all the green volume candles). The MACD has also been...

blakeren Updated 

NEO has been a great addition to the portfolio, and has seen a 300% increase in the past few weeks. We are however starting to see the whole market pull back a little, indicating that we may see alts start to pull back from there massive gains they've been having. NEO has been pretty good in regards to EW/Fib theory, and if it continues this way, $150 give or take...

blakeren Updated 

EMC has just recently bounced from support and is setting up for huge gains. You can see the massive increase in volume since the end of August, as well as the OBV uptrend is showing clear interest in the coin. Since the obscene volume increase, the price has actually dropped about 75%. With the MACD showing a decreased amount of divergence, it looks as though we...

blakeren Updated 

Ubiq is showing plenty of bullish divergence. It recently bounced of a strong support line at 10.5k sats so expect this to rise from here, but place a stop in case. I'll be looking to scalp this for about 130% as the target price is a pretty strong resistance. This was also the area that the price rocketed from last time so accumulating here would have a very...

blakeren Updated 

Digibyte is actually starting to look like a good buy. Price is currently sitting in the same zone as the last pump meaning that we have retraced about 100% since it took off in June. The price is starting to round out, and although it is still declining, there has been more and more buy orders in the past month as indicated by the divergence in both the ADL and...

blakeren Updated 

Metal has been had a bearish run since early September, and that looks like it soon may come to an end. The white arrow on the price chart and MACD is showing bullish divergence, as is the OBV indicator. I'll be looking to enter once the prive can break the descending resistance, as well as the MACD crossing up. I'll be even more confident if the OBV can be in the...

blakeren Updated 

ZCash is approaching it's ATH and looks set to break it. Currently we can see divergence on the ADL, which is also indicating that there is more buy support than there ever has been for ZCash. We can also see two large buy candles in the volume with not much price movement (apart from the first, which has a large wick), indicating some large accumulating buys....

blakeren Updated 

LBRY has had some massive buy ups these past couple weeks which is evident from the large green volume spikes, as well as the large run up on the OBV. Price is currently in a nice accumulation zone after bouncing off of a solid support line, the same spot that caused the last run up in March - June. The MACD is getting quite tight and has also vreated some bullish...

blakeren

Dash is looking like it is about to enter its third major wave after bouncing from the 0.716 Fib retracement level, and then breaking major resistance on the daily. Based on EW/Fib, we can predict that the price will continue up until likely the $800-$850 range. We could see it $1150, or even $1500, however that may require some major fundamental news. I see $800...

blakeren

KMD -0.47% looking to head towards a 100% increase if history is anything to go by. Recently bounced from a strong support line (27704 sats 2.73% ). It has also broken descending resistance. Im expecting consolidation for the next few days to a week, before heading to around 60000 - 70000 sats 2.73% . From here we can take some profits, while keeping a good...

blakeren Updated 

BTC looks to be either starting wave 5 of the elliot wave cycle, or currently in wave 4. Either way if this is the case we are still to see a lot of upwards movement this year. Wave 1 start at around the $920 mark back in March this year. It the proceeded to advance to $2950 (300%) in just 2 1/2 months. From here we saw a correction to $1600. This correction...

blakeren Updated 

OMG has bled along with many other alts over the last few days, meaning it is a great time to pick um some profits. It looks like we are about to see some bullish divergence on the 4H chart, which could signal the beginning of the next bull run. Personally and naturally I think we will see some consolidation first, meaning it is a great time to make some scalps....

blakeren

Previously I posted about Bitcoin heading tot $7400 based on EW and Fib targets. I still believe this is the case, however I want to explain my thoughts on the current wave we're in (wave 4), and how I think it will play out. The 4th wave of EW cycles tend to act differently. Often we will see triangle patterns emerge, and I believe that the same will happen...

blakeren

0x was a much hyped coin upon its release into the exchanges in late August. It initially sat nicely above the 33c mark, before falling with the majority of other coins. The price then broke out of this downtrend in late September, signalling the start of a consolidation period. The price has since been consolidating in a ascending triangle, which gives me the...