Bitcoin is currently developing a pretty large reversal pattern. I am going long with a target of 55k
Elliot Wave Theory says that when the market goes into a correction it often will reach the bottom of the previous 4th wave. This does not necessarily mean that it will reach the bottom, but rather that we should expect it to reach somwhere in the span of the 4th wave. I believe we are there and soon will see a long term bullish market. This is really long...
Not overly Technical, but it looks like a pretty good possibility of H&S Formations. Its too early to tell, but if the Elliot wave follows I believe 630ish will be the bottom. I am going to be following very closely for the next 24-48 hours. I am very hopeful that the BULLS are getting ready for a Huge Rally. If this plays out I honestly believe this will be...
COINBASE:ETHUSD I Think I am obsessed with H&S formations Because If I would have noticed the H&S forming when ETH hit $1224 I would not have lost %40 of my assets, but since then I have been catching them pretty regularly and have been able to predict within $5 of the bottom. Now it is way too early to Tell, but it looks like we are going to have a Head...
COINBASE:ETHUSD 15 Minute Chart 4 Hour Chart If the Price Drops below $780 - I believe we will go into a Downtrend all the way to the 650 Area. I am a newbie so any constructive criticism or advice is appreciated