Look at the weekly chart and we see a clear converging wedge pattern, reinforcing my short sentiment at the moment. A big zoom out shows us we're potentially in a weekly wave 3 at the moment with a lot more upside to go, but to me it looks like we need a subwave 2 retrace so that we can push into subwave 3 of the greater wave 3. I don't know how long this might...
Yes, we're shorting now - brave right? This idea could be invalided as soon as the trend line breaks, so be careful and watch carefully as there is a potential bull pennant on the 4 hour at the time of writing. Overall I think we're spent; what goes up must come down, and Bitcoin went up very, very quickly. I've been bullish throughout the wave 4 while the rest...
Self explanatory, look to go long in the green box upon confirmed reversal signals
See above for what I'm referring to. Most of tradingview are in disbelief and thought we had finished wave 5, but my analysis from early last month stayed true. Our hard support held perfectly (as you can see I adjusted the bottom to 2970, the bottom was 2972), and then our "open long" zone also held perfectly on the rebound. If you went short when I said short...
See chart
ETHUSD has formed what looks like a cup and handle on the weekly. See chart, its a basic analysis but strong - target is the 1.618 fib of the ATH which is around 500 usd.
Another short post updating BTC. It's following the trend well, and I suppose some good news is I'm not the only one on tradingview with this wavecount anymore! Sean Vengan, who is very insightful and I recommend you follow, also now seems to agree with me that we were in a wave 4 and starting wave 5 as seen here. To me it looks like we just finished wave 2...
OMG is near the bottom of it's upwards channel, has seemingly a double bottom on the 30m and is nearly oversold on the 4 hour RSI. Also has bullish divergence on the 1hr time frame with Godmode nearly crossing. I would say buy.
I don't know much about this currency so do some research on it before following this idea. I generally don't recommend trading with coins you don't think are useful. The chart is showing the possibility to go long according to the triangle pattern and the bullish divergence seen. Trades can be placed anywhere between 0.0030 and 0.00384 area depending on your...
This is a continuation, part 2 of this series of ideas is here (click the chart): As you can see from the current chart and my initial idea on September 2nd, we called this dip and rebound perfectly and before anyone else on TV. As stated "No reversal signals seen in the green box so it will easily test red. Going long anywhere in the red box is very safe, but...
This is part two of the above idea. As you can see we had a downtrend with two bull traps and it's fallen into our green box and bounced out, as indicated by our predictive arrows previous to the move. A lot of people thought this correction was finished as the bull traps were rearing their heads but we remain vigilant. Personally I don't think this is the end,...
Looks like today is the day correction begins. RSI reversed clearly and Godmode crossed over. On the chart is where I think key levels are and the arrows represent what I think price action will do on the way down, I tried to draw them reasonably accurately. Open long trades anywhere within the green box as long as we have reversal confirmations to then begin wave 5.
Target in the rectangle around 0.004.
The upwards trendline was respected quite well, the price seems to have been accumulating for a short while and is coming to the trendline as well as the end of a triangle, a pump seems likely soon. In addition, the mainnet is being launched in two weeks' time. TP 1 0.00413 TP 2 0.0046 TP 3 0.0055
4 hr 0.64% chart RSI is reversing and if the wave patterns are interpreted correctly we should see a wave 5 around this time. 5 minute pattern at the time of writing shows a flag, so although 0.0016 was rejected it seems likely to retest it. I like to use short timeframes to gauge local price action. If .0016 is broken next target is in the green box shown from...
Had a flag, now a mini pennant Target 1 0.00567 Target 2 0.0061 Target 3 0.0070 They are releasing their first app on August 31 and there is speculation about visa approval.
Self explanatory in chart. I like arrows, they make things clear. Could also break downwards.