So far the growth we've seen over the last two weeks has been relatively textbook and following the fib lines really well. Posted this on XRPUSDT on accident so am reposting under XRPUSD Fib line from $.224 I've drawn out 2 sets of line from this price point. The first set being the (orange fib lines). The price was relatively stable in this range for about a...
So far the growth we've seen over the last two weeks has been relatively textbook and following the fib lines really well. Fib line from $.224 I've drawn out 2 sets of line from this price point. The first set being the (orange fib lines). The price was relatively stable in this range for about a month until we saw the first major growth around 12/10. We hit...
First ripple post of hopefully many to come. Been watching Ripple for the past two weeks or so, unfortunately I was late to the party and missed the big jump a week ago. I like to watch the market for a while before jumping into a new coin. I was able to get back in at $0.695 as I saw the symmetric triangle forming. For those of you who aren't in, we have well...
What a week for Ethereum, congrats to everyone who managed to take some profits along the way! I do not think we are quite done yet. After a short correction, I believe we will see growth to $900-950, the 1.68 fib extension from the $440 price. * NOTE PLEASE IGNORE THE FLOATING "T: Buy Zone 1", I must have left it there but it is not part of my analysis * It's...
After the ~20% correction, I believe we'll see some growth up to at least $18.8k; however, I'm thinking BTC will breakthrough to around $22k before seeing another larger correction. It's early to tell, but we may be entering Wave 3 of an Elliott wave. Until we break past $17k, this is still loose speculation. Supports at $13k and $11.5k. ** Comments and...
Aside from the 5 days from 11/24-11/29, ETH has been on a pretty consistent growth from all the way back to around 11/10. The excessively rapid growth during that week was in my opinion due to to the 10k BTC hype. Upon reaching 10k, the market consolidated and we returned to our previous trend indicated by the channel. Elliott Wave and Fibs Over the last week,...
The basis of this post is the ascending triangle (∆3) that began its formation on the 24th. All other patterns were superfluous and used to primarily reinforce the potential target price by establishing patterns based on the last month. ∆3 - Analysis Ascending Triangles are a continuation pattern where the expected growth after exiting the triangle is...
With the resistance from the all time high, I believe it is likely we see some downward trends over the next two weeks. If we do we're solidifying the formation of the Handle part of the C&H Pattern . Cup and Handles are bullish continuation patterns, so after the dip we're likely to see some rapid growth stopping well above the ATH of ~$94. ** Comments and...
For those of you who missed out on the big spike or are just looking for the optimal time to take profits hopefully this analysis can help. When I trade, I like to look for many patterns overlapping telling me the same thing. After all, it only makes sense that an analysis with 100 different patterns suggesting an upward movement will likely be more reliable...
As per my last NEO post, I was able to enter at $26 and have been holding since. If we can break past the $32 resistance then I believe the next reasonable target is $34. Will be claiming profits at ~$29 if we do not break through the $32 and see a strong reversal. ** Comments and critiques always welcome especially contrasting ideas ** @CAG_CryptoTA
Once again theres lots of colored lines which can be confusing and overwhelming; however the key points from this chart are: Purchase target of $314-$318. Lots of fib confluence here shown by the 3 green fib lines and the red fib circle Sell target of $345. Lots of fib confluence here shown by the 2 red fib lines and the purple fib circle (Confluence is...
This chart is a little cluttered so bear with me as I break it down into its 4 major components, which show why I believe we are headed to ~$26 before seeing our target of ~$37 over the next week. Blue Fib Time Zone 1 (10/2 - 10/5): We see the price react accordingly at the 2 and 3 Fib marks with the 5 mark lining up with the 5 mark of the Pink Fib Time...
We have a large ascending triangle forming that seems to be following fibonacci circle trends. We will test the $313 resistance once or twice more before breaking out and reaching the ~$340 target in ~1.5 weeks. I will be selling at ~$313 range due to the strong resistance and the fib arc at that price. Looking for reentry at about ~$300 before riding to the final...
Looks like we have an symmetrical triangle forming indicated by the blue lines. There is a local resistance at $33 and the top 1-Hour Ichimoku Cloud (not shown) is at $33.3. I'm going for the safer breakout of the ~$33.3 (pink path) for reentry to take ~10% profit at around $36. If BTC breaks $4675, as mentioned in my other BTC post it will likely help pull NEO...
Looks like we're looking at a potential drop coming soon upon completion of the descending triangle shown. Probably looking for .08 - .085 to signify a broken trend. ** This is my first Crypto/Crypto analysis as per request of @jaggnetwork. I have never looked into Crypto/Crypto analysis so bear with me (pun intended) as I learn the ropes and become more familiar...
After breaking out of the pennant we were stopped $315 resistance. I believe we are headed downwards to $293 instead of my initial target of $335 . I included the path to $335 in my chart because I believe we can still hit it IF BTC is able to break through $4650 referenced in my newest BTC pos t in which case I believe it may reach ~$5000. Otherwise the...
My last BTCUSD post turned out pretty accurate. I believe we will be seeing a correction towards $4200 starting very soon following the primary pink path. HOWEVER, if we break past ~$4650 I believe there is a good chance we can see the secondary purple path which rises to ~$5000 before starting the ABC correction. ** Comments and critiques always welcome...
Looks like we might have a Head & Shoulders pattern forming which is generally a reversal from bullish to bearish. If we are unable to break the resistance at ~$34 I would expect a strong downward trend to at least ~$26. If BTC is able to break above $4450 then I believe we'll see the NEO trend follow through with Wave 5 and hit the ~$41 target mentioned in my...