As you can see AMD has completed the a-b-c-d-e pattern and is ready for a breakout. I think it will hit that 127% fib line which also hits the gann fann line. With AMD trading sideways for a long time now a breakout is well needed.
As you can see there is alot of bearish rsi divergence which means NVDA is not done with the correction yet. Also it broke out of that pattern and now is coming down to that .382 fib line which is met with a gann fann line and alot of previous resistance.
Everything lines up the wave count, fib, gann fann and the pattern for a nice gain
NFLX still needs to finish its third wave of the ABC pattern correction. The c wave lines up with the end of the fourth wave the trend line and the gann fann line. This is a big support and NFLX Should hold it.
EOS seems like it needs one more wave and it lines up very nicely with the gann fann.
Has not had a correction in years and lines up with gann fanns
Today I will be covering LTC. Lite coin seems to be in a downward parallel channel. I see it continuing to play this pattern out because BTC will also be heading downwards and there is no signs of a reversal. It will either make a double bottom at 104 or try to start an uptrend and hit 148 where the trend line the pitchfork and the fib extension all meet. MACD...
Lets jump right into it with SPX. You can see that the dpo is about the break in a bearish manner and continue the downtrend. The macd looks like there is no chance for a cross over anytime soon. If it breaks that pink support line it will fall all the way to 2340 where it meets the red median line from the pitchfork and the .5 fib. If the trend line holds I see...
Today I will be covering GE. As you can see there is strong dpo and MACD bullish divergence. This is a good sign for a start of an uptrend. In addition it seems to have finished the C wave having a strong bounce today. In addition both indicators look like they are forming a nice triangle pattern and they seems ready to explode out of it. This explosion will...
Hey everybody today I will be showing you my thoughts of BTC. Sadly I don’t really see BTC going up anytime soon. It seems we are still in a corrective wave. We started to form an impulse wave, however we had a failed wave 5 and are starting to form another corrective wave. If you look at the MACD you can see an attempt of a cross over but it failed, this shows...
You can see that the fib lines are holding good supports and the pitchfork has set some good outlines for were the coin should travel. Im thinking the it should hit the 1 to 1 extension the come down near where wave one ended and then hit the 1.68. the coin has a great idea and i beleive we may be in a bull makret for cyrptos.
Hey guys today I will be viewing Tron. As you can see it seems it finally finished that c wave and is starting to head to the upside. The fib lines match the Gann fan pretty well. We will most likely see a mini correction within wave one due to the rsi being very high. The macd finally cross which somewhat confirms we finished the corre3ction and that we will...
Hello guys today I will be covering the dow jones. In the chart you see it forming a rising wedge. This is a bearish pattern and it almost broke out of it two days ago. The macd shows a bearish cross and the rsi is in the 60 range. Both these indicators resemble the crashes in 08 and 01. The market is long overdue for a crash and seems like it is the perfect time...
Hello everybody. Today I will be going over bitcoin. Let start with the moving averages. As you can see the green line, 50 day avg, just went under the 100 and 200 day. This shows that we are still in a downtrend. If you like at the dpo it looks like it tried to go up but it did not get enough momentum from the bulls. In addition, if you look right before 2018...
If you see there is 3 options that I see BTC heading. The first shows that the support line continues to hold and btc will consolidate and explode to the upside. This seems like there is a 45% of happening due to that line already acted as a support and it seems to be following this more than fib as of right now. In addition, the waves look intact and this seems...
You see that the price is consolidating and that it is going to breakout any day. The only thing that could affect this if more negative news comes out about bianince or if btc continues to drop in price. They are trying to be the paypal of crypto and I think its a needed thing to get this truly mainstream and usable for the avg person. Also there is a big rsi drop.
If you look at the chart you see that syscoin has fallen out of that trend line and will start to head down towards that .5 retracement line. If it holds here it looks like it will go to the .618 line where it perfectly lines up with the gann fann line. this coin has some good upside potential and the RSI looks like it is heading towards 30 which would be perfect...
if you see the gann fanns and the fib line up very well. It will retract to that .25 line then hit the .38 line retract a little then shoot up back to .5 line. They only way I dont see this pattern play out if BTC takes a huge crash and the alt coins crash too. I really like this coins concept because of how original the tangle is and this will add value to IOTA