dmitch696

dmitch696

Alt season is upon us. We forget history so quickly. When Bitcoin rose from 3k to 14keverything seemed to be over. The sentiment then was wrong, and the alt market currently feels very similar to that. We have likely completed a first wave followed by an ABC correction A break past the top of the wave will confirm the move into the third wave. 1st and 2nd...

dmitch696

Most crypto traders have probably heard of the cryptocurrency ChainLink at this point, it was one of the few digital assets to see a bullish reversal so far. The ticker for this coin is $LINK. Since December 2018 $LINK has seen a sharp rise from ~$0.19 all the way to ~$4.60 at its peak in July. Interestingly enough, we have only started hearing about this coin...

dmitch696

Deepbrain chain has had a nice pump out of the triangle pattern that you can see forming for a decent period of time. This looks like accumulation to me. Maternodes being released very soon and the project has been growing with alot of partnerships and universities/companies using their platform. Price has retraced to support and had a strong bounce from...

dmitch696

We had a nice pump out of a falling wedge that has been forming for a very long time Since then price has retraced and may seem like a dump at first, but if you use FIBS and look more closely we can see that price has retraced to exactly the .618 fibonacci zone (golden zone) and has already started to hold support here. If this holds we could easily go higher...

dmitch696

Holochain Update $HOT/USDT First Target Reached Price has retraced slightly since we have reached this target, a descending channel has formed and price has recently broke upwards. This is a bullish sign and a move past the previous resistance (our first target) should bring us to our second target very soon! See my previous post for the precision of the first...

dmitch696

Holochain price has been consolidating inside this triangular pattern known as a bullflag. A break out of the yellow trendline towards the upside would confirm bullish momentum to the upper targets. Target 1: $0.000955 Target 2: $0.001 I may be taking some short term profits at these zones but if the altcoin market is really seeing a reversal it is possible...

dmitch696

The first Elliot wave that brought ARK from pennies all the way to ~$12 seems to have been completed. My subway count leads me to believe that this ABC pattern is valid. This weekly candle finishes in a few hours and looks very likely to finish off strong. We also have a very strong break out of the smaller downwards wedge pattern. This could lead us to...

dmitch696 Updated 

This post mostly focuses on the subwaves of the ABC corrective wave the 12345 for the A wave is shown the ABC that makes up the B wave is shown and the 12345 that makes up the C wave is also shown let me know if you guys believe that this is correct! www.cryptoplanet.cash

dmitch696

We may have completed an Elliot wave pattern, I think this is the most likely scenario, as the C wave may have completed a falling wedge and started the next move up. A break above $146 in the long term will confirm this. A move under $63 will signal lower movements. I would recommend a stop loss under the $63 zone.

dmitch696

Holochain has seen a % pump over the past few days, which has led to the completion of this Elliot wave. Doing a fib retracement of the entire wave I laddered my buys between .000452-.000460. The significance of those prices is that they are right in between the .5 and .618 retracement zones. The .618 zone being known as the "golden zone" Check out...

dmitch696

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dmitch696

Bearish Head & Shoulders on $DAX This is a representation of the German economy, like the $DJI for the US economy. Price is currently holding at the trend line support. A break below would be a continuation of a downtrend caused by such a pattern. see more at: cryptoplanet.cash instagram: www.instagram.com telegram chat: bit.ly

dmitch696

Elliot wave seems to have been completed, and we've seen this stock get a lot of media attention recently. I personally think Beyond Meat has been way too hyped up recently, and the company will likely do very well, but the stock price needs a decent correction. I will be targetting the .5-.618 fib as a zone to close my short, I may also be going long in this...

dmitch696

In my previous $BTC analysis I talked about we still haven't entered a disbelief stage. I used Elliot wave to explain how we completed a 5 wave structure, as well as A and B corrective waves. The descending triangle that we can see in the chart above confirms my beliefs even more, if we break out to the downside (which is what this pattern signifies as being...

dmitch696

Elliot wave patterns always move in the same specific way. In a 5 wave pattern which will inevitably be followed by an ABC correction. The textbook example of the pattern is shown right below the monthly Dow Jones Chart. The Dow Jones is a compilation of the top 30 stocks. A crash in the majority of these stocks would rock the global economy in ways that we have...

dmitch696

see cryptoplanet.cash for more free analysis! Let me know what you think of this analysis in the comments or message me on Instagram! @crypto_planet_vip

dmitch696

Change my mind! After every bear market there is a decent pump followed by many investors losing hope in their investments. This usually coincides with a lot of positive media coverage, which is something that Bitcoin has been seeing a lot of recently. We have seen prices rise dramatically from ~$3k all the way into the ~$13k zone without any real pullback. ...

dmitch696

3500% away from all time highs... see more of my daily altcoin analysis on Instagram @crypto_planet_vip my site: cryptoplanet.cash Let me know what you think of this analysis! Is the bottom in or am I just fucking stupid?