edwardcryptoamos

edwardcryptoamos Updated 

BTC weekly chart still remains bullish since the swing low at 5.4k wasn't passed. Let's see if the pink support holds in coming days which may actually does. But the last leg down may yet to be played to either 4.9k or 4.3k levels where the bearish pattern gets finally completed. I expect the last leg down to be completed by April 20th where the red vertical on...

edwardcryptoamos

LTC has been holding decent with current market conditions but has no choice but to drop to lower levels to end the ongoing correction. Expected entry levels noted on the chart. It's always good idea to have confirmation on indicators before entering the position, for instance when daily and hourly STOCHRSI both at below 30 level and over sold at the same time...

edwardcryptoamos

ETC started to advance in what I expect to be a triangle corrective wave based on the data we have so far . Conservative targets are in blue resistances on the chart . ETC, expected to continue the down trend after this last wave E of the triangle is completed . Triangle scenario is no longer valid if ETC passes the 470k level and that would be the confirmation...

edwardcryptoamos

ZEC having a nice rally in past days and today confirmed the low of wave 4 in place by taking out top of wave 3. Most probable targets for wave 5 are shown on the chart. If you have not taken a position , then wait for pull back from the next resistance levels also shown on chart. Then place your order just over the following support level shown. I expect the...

edwardcryptoamos

ZECUSD expect to end the correction at around $226 where wave C is at 100% of wave A calculated from wave B , the usual C termination, in extreme situations wave C could get extended and end at 1.618% of wave A, like Bitcoin showing and may to go to extreme levels, but not expected to be the case here on Zcash . This is one of the higher potential coins which I...

edwardcryptoamos

DASH shows almost the same pattern as in BTC and wave C of ABC correction in making and toward the end considering bullish divergences on hourly time frame where price action don't agree with indicators . I have started buying with smaller position size at $400 with the intention to add when reach support shown on chart, even if DSH drops lower and supports don't...

edwardcryptoamos

BTC falling for the whole month of Jan till present on wave C of 4th correctional wave. We are witnessing the Panic and fear only the characteristic of this ongoing wave which are normal human behaviour and reactions. When most people selling and trying to save what has left of their balance, traders buy and take their long positions . To hunt for the bottom could...

edwardcryptoamos

START was the trade I recommended before Xmas, which both targets where achieved . Start retraced to complete wave 4 of 5 . With existence of bullish divergence on daily and H4 and last low being at extreme ( 78.6% ) of wave 3, but not lower than previous wave 4 of 3 . All indication for end of wave 4. START already made wave 1 of 5 and we expect to go to 78.6%...

edwardcryptoamos

EXP, as we mentioned on the last post advanced where made a high to terminate wave 3 of 5 wave advance . Wave 4 retraces 38%-50% of wave 3, in which EXP completed the wave 4 and made wave 1 of 5th wave. Now correcting the wave 1of 5 which we expect to terminate at 0.00038842 for wave 2 of 5 . What comes after that is wave 3, 4 and 5 of 5 . So up side expected to...

edwardcryptoamos

LTC expected to terminate the wave C of ABC correction at $105 and/or max $90 , Which would be great entry for the long trade on next impulsive wave to new highs. Plz note the chart indications and targets ( $450 & $544 ). Wave C expected to terminate by the end of this month or 1st week of Feb . Chart and levels are Bitstamp !

edwardcryptoamos Updated 

ZEC expect to terminate the wave C correction at the Red support line on the chart just shy of 50% fib ret. Targets on this trade are Mid/ Long term to new highs .

edwardcryptoamos

XRP retracing like there is no tomorrow ! I think chart is self explanatory with the H & S pattern visible . Interesting enough that supports marked as Red not only result from fib over lays but also from the pattern ! Good trade to take with 5% entry at 1st support and additional 15% at the 2nd support to ride the impulsive wave to new highs like 30.4k and 38.4k...

edwardcryptoamos

NMCBTC finally took of on what I labelled as wave 3 of the 1st set of 5 waves which will probably get completed at 0.00066 level and pull back and up again to 0.00086. But this rise expected to continue once corrected to higher levels at least 0.001 before mid 2018 .

edwardcryptoamos

BTC, thought to post also this bearish idea and possibility which I do not favour unless there is a bad news in next days then probability of this scenario is most likely . One should always keep in mind there are always two scenarios in play at markets, one bullish and on bearish at the same time . Recommending risk management is due to uncertainty and probabilities !

edwardcryptoamos

BTC, expect to rise in an uptrend to new highs since showing bullish divergence on hourlies and retraced to max at $13.5k . I expect the new high complete by end of this month and or this wave could get extended to much higher levels. How ever I am showing the minimum expectation for upcoming high on chart .

edwardcryptoamos

Sia coin , I expect to rise from current levels, since the 437 level was end of wave C from ABC correction to the prior 5 wave advance. Current chart is Bittrex but you can also check the TA on Poloniex chart video on my you tube channel " EdwardCryptamos ", since there are diff. levels. Recommend entering the trade partially with placing an order where Red...

edwardcryptoamos

VRC made a bullish divergence on weekly/ daily time frame indicating the bull trend for coming weeks/ months. After making the 5 impulsive waves corrected and making smaller wave 1s & 2s for the new impulsive wave in making. Short term target marked with blue line on chart. Consider holding part of your position aiming for higher levels ! VRC and VRM usually trend...

edwardcryptoamos

MTL made a bullish divergence on higher time frame after hitting the last low and in progress of 5 wave advance. Immediate targets for wave 5 termination are Blue lines, but could advance much higher ! You may want to exit partially and hold 20% of position aiming for over 150k sat.