blakeren

blakeren

RISE was a great buy for myself at around 0.00007, and I'm looking to reenter again after selling some profits near the top. After its recent run up, RISE's price has retraced back to the 0.000088 level. Currently it's looking like it's in the final wave of a 5 wave elliot wave cycle. If this is correct, I can see it bouncing off the following areas for the listed...

blakeren

IOTA is in a great entry position at them moment. Since its high, it has retraced back to around 0.00012, which is about at the 0.786 Fib retracement level, the perfect time to enter. If we take the recent movement as the first and second elliot waves, then we can expect wave 3 to reach around 0.00037, or (less likely) 0.0005. This is supported by the fact that we...

blakeren

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 

Rise has started to create a nice little flag pattern for itself, and if we look back at the price history, we can see that it likes to drag out these flag patterns (around a week or so). In saying this, I believe that there could be a possible two likely scenarios in play. The first, is a continuation of that history, and we see the price move in this descending...

blakeren Updated 

RISE is in a great position to breakout, and we want to capitalize on this. The price bounced off a support line that has now been confirmed because of this bounce. It also seems to be using a hidden resistance as a top which we should keep in mind also (broken ascending line). This means that as the price rises we should see it hit this top before retracing back...

blakeren

TenX looks a great buy at the moment. The product itself has a great use case and really seems like one of the front runners in bridging the crypto-real world space in terms of payments. Fundamentally the product is solid. Technically, it looks a great buy at the moment. It has currently retraced to the 0.786 fib level after its bull run in early August. The whole...

blakeren

Quite bullish on CIVIC at the moment. Looking like it has formed an ABC bottom, indicating that it could break this triangle pattern to the upside. Looking to enter once the price has closed on this 1H candle above the purple dotted line. Blue line at about 0.00013 for 20% is where I will look to take profits. Set stop just below the C bottom at 0.000103

blakeren

NEO looks to be a great buy at the moment at around 540k sats. A few days ago we saw the A-B-C reversal pattern, indicating that we may have found the bottom of this down trend. This was confirmed with the next low being higher than the previous. It tried to breakout right after the reversal pattern but failed to do so, returning to create an ascending support...

blakeren Updated 

Rise is currently in a great position to enter into a position. We can see that after its high of around 0.00016 in late August,it has retraced and nicely bounced off of the 0.786 Fib level. It actually looks to be using Fib levels nicely and is currently using the 0.618 level as support. It also appears to have created a cup and handle pattern in its latest dip,...

blakeren Updated 

Potential to make a lot of gains on this one. We're waiting for PIVX to either bounce off the current support line, or test it and bounce from the 0.618 Fib level. It seems to be obeying Fib levels really nicely and I'm hoping its no different on this occasion. If it does bounce from the Fib level, the I will look to buy in once the price has confirmed that it has...

blakeren

After pumping really well, Komodo has retraced and started to accumulate again. With little historical data, TA is quite difficult, and can not always be relied on. But we can only work with what we have. The price is approaching a solid support line, which has been successfully tested a few time making it quite reliable. As for the Fib levels, we can see that the...

blakeren Updated 

Ark has retraced nicely back to the 0.618 Fib level, and looks like it has bounce off the support line nicely. If it does bounce from here we can use the longer green line as a base of ascending support. Current support line has been tested twice in the last day or two so if it can pass the blue line (entry point) then it looks a good buy. This will also confirm...

blakeren

Looking like we could come to a good entry point for QTUM if it is able to break resistance. This resistance line was broken, after it was setup by a nice head and shoulders pattern. Once it confirms a break in resistance, look to buy in at the blue line (0.00330). Appears that we also saw the end of an elliot wave cycle, so we could be at the beginning of a new...

blakeren Updated 

OMG is looking a lot like the NEO chart was before it experienced its 3rd bull rune recently. This is another coin that has great fundamentals behind it as well which gives me confidence on this move. OMG is following quite a strong trend line, and if it can bounce from it again here then we would be able to confirm its strength. The price appears to almost be...

blakeren Updated 

QTUM is looking like starting the second elliot wave pattern. It's currently trying to break a resistance line, and if it can break that resistance it could shape up to be a great long opportunity. It has bounced off the support line 3 times and used it as resistance once so I'm quite confident that if it fails to break resistance, it wont fall much further. In...

blakeren Updated 

Ethereum looks like it has reversed and has started a new bull run. This is indicated by the basic "higher highs and higher lows". The price is currently sitting in a nice support zone, which is an area that historically has shown key support and resistance points. We can also see a nice ascending support line that the price has bounced nicely from recently. We...

blakeren Updated 

Great oppertunity to buy into XEM at the moment. Currently in the middle of bouncing off the first major support line, we can see that this will potentially confirm a trend reversal. Looking like it has also started the second elliot wave cycle so could potentially expect big gains. Stoch is stating that it is oversold which also backs up a bounce off the first...

blakeren Updated 

XEL is retracing back after a stong bull run, and it's looking like it's coming to a great time to re-enter. There are 2 possible areas that if the price were to start a new elliot wave cycle, it would bounce from. We're currently in a retracement phase and it's looking to come to an end around the 0.618 Fib level. Those 2 areas are: 1. A previous long term...