Watch for a break of the pink line with conviction. Once it breaks I think we'll see a rapid rise in alts. NFA, DYOR. What are you favorite alts / charts right now?
Hey traders, I think the correction is over and we can begin to put in our wave 3. We had a nice ABC correction which tagged several corrective fibs and was beautiful to actually chart. I think we'll head up higher from here, I see wave 3 topping out realistically at .27 but it could go shallow at .19 or as high as .40 based on the fib extension. These are...
Hey traders, Here's a quick scalp trade although I love $ACH and have a large bag, this looks like a no brainer for a quick 8-9% upside. We could break through the resistance and consolidate along the downward trending resistance (that would have then turned as support) forming a bull flag and potentially setting up to head higher. The bearish possibility is...
Hey Traders, The chart shows my trading plan for $ICP in the near term. We've got a nice impulse going but this obviously will depend on BTC. I think we get an opportunity to refill our bags between $52 - $48 range, I plan on scaling in here with a stop loss below $47 (below $47 would invalidate that we're in an impulse). I think we could ride this sub wave 3...
Hi traders, I love the chart setup here. Appears that we're in the wave 2 of the larger wave 3 setup. This is a great area to get into for larger gains. As long as we hold the $17 area I expect a reversal and subwave 3 of the larger wave three to take us to the 1.618 fib of about $28 (but could go higher - 2.618 or 3.618) ultimately, if we stop out at the...
$ACH had an epic pump and is now in correction, seeing the rejection at the .702 fib is a tell that this is going to break the previous low around 10 cents, this is not financial advice, just my own thoughts on the market. Do your own research, Cheers!
$Loom had a nice pop off the low and retraced on a 3 wave ABC finishing on the .618 fib (beautiful retrace), bullish divergence building on the 1h time frame, I expect a nice reversal moving forward and the BTC pair low looks to be in, now is a great time to enter as I expect this move to over 4x from 250 sats, Not financial advice, do you own research Cheers!
Hello traders, As you can see from the chart, we had a pull back from our local high of 436 sats down to the .236 fib which has shown a strong reaction to likely marking the bottom. As we begin to head higher I think it's important to look at the big picture for potential targets of this move. As we look left on the chart we notice there's some nice correlation...
By the looks of it, the wave 3 correction is over, it appears to an ABC correction with A & C 1:1 (as is often the case). I think we're headed higher up to 1.36 btc. Obviously, this isn't financial advice, trade at your own risk. Cheers!
We're beginning to see some bullish divergence on top of previous resistance turned support. I think a breakout of the flag pattern would lead to $63k in the near term. Await a breakout / retest on heavy volume. Cheers,
Chart says it all, capitulation event incoming, this should be interesting. I think ALT-SEASON is going to begin once BTC stabilizes after the capitulation. These are just my thoughts, not financial advice!
Hello Traders, This is a GREAT time to get some $HBAR before a nice move. The way I see it, we're just now hitting the 3rd wave of the final impulse wave. $HBAR likes to hit the 2.618 extension on the 3rd waves so it wouldn't surprise me if we hit our upper targets, we'll need to see how the chart plays out but at a minimum I see us hitting the first target...
Here's a more detailed breakdown of the whole move as I can see it. The light blue subwaves make up the larger structure. I believe we've just put in a 4 wave and are headed higher from here. If we break down, I don't think we'll get any lower than .059. The targets are color coded with the Green target being the most probable to me, although I've seen several...
Hello traders, I believe we're in a short term correction (wave 4) which would probably settle around the trendline near .08 cents before we continue heading higher. I think we'll head upwards of .16 cents after the correction however, we could push higher, we'll just need to wait and see. After wave 5 I suspect there will be a nice ABC correction with an...
HBAR has consolidated around the .05 mark for a few days now and is likely to see a nice push up here. Once we clear the orange triangle, I expect to see a pull back to confirm support and then a rather strong move up to .025 area. HBAR is becoming less and less affected by the BTC market so I expect support (around the .05 area) to hold even if BTC dumps to 29k...
Chart says it all! EOS is a sleeping GIANT, watch closely
Hey traders! I just longed EOS here at $2.93 based on strong bullish divergence building. Not financial advice, do your own research. I just noticed this and wanted to kick it out.
Hey guys, Here are my thoughts on LRC. I went long last night around the .32 cent range after LRC had a nice pull back down to the .618, it appears to be turning the corner and we should start to see an increase. So long as BTC plays along, I expect we'll follow the yellow wave. This is not financial advice, trade at your own risk, do your own research!