quantacake

quantacake Feb 8, 2020

btc will like face resistance around 11k mark. although its uncertain where it will correct to. good luck trading

quantacake Updated  Jan 18, 2020

Not really sure if Head and Shoulder or Cup and Handle. But likely to be a positive outlook for SNAP. Could make a small correction before going up. Although, may not get to $26 until second half of the year.

quantacake Jan 17, 2020

Graph is showing a lot of bearish indicators. Cant say for sure when it will correct but due to the low volume, we can expect at least a correction at $40.

quantacake Updated  Jan 17, 2020

BTC is out of the channel and currently faced resistance around 9k. May see BTC drop to 7k to test the top of the channel before pushing up. Invalid if breaks above yellow line with increase volume.

quantacake Updated  Jan 17, 2020

BCH could form a pennant from 13 month resistance seen from purple trend lines. Short to midterm direction determined by which trend line is broken. Fib showing resistance at $410 and $300. Good short to midterm buy if upper resistance is broken.

quantacake Updated  Jan 17, 2020

XRP broke out from 7 month trend line in yellow with strong volume. Light resistance around 0.25 and strong resistance around 0.29 for a gain of around 25% if prediction holds.

quantacake Aug 26, 2019

Unemployment graph since 1950. Drastic highs and lows from business layoffs spurring economic crashes. Each trough puts in motion an economic recession. A healthy economy has an unemployment rate of 4.5%. Below or above that range is considered unhealthy. We are currently in the longest unemployment decrease in history. I think currently the US economy is...

quantacake Aug 25, 2019

BTC reached long term support on purple line. A bounce seems more likely but if it breaks below (and no fake), can expect a drop to $8100 level which would be a good buy. If BTC breaks out upward of the pennant, can also expect an increase if volume supports it. *use stop limits

quantacake Aug 25, 2019

Disclaimer: Direction of Bitcoin changes this market. Sentiment of alts change when Bitcoin changes and all analysis of alts become invalid. Upper white line around $0.29 has a lot of resistance, about nine months worth. Unless BTC or XRP fundamentals change, it will become upward resistance. Bottom white line also shows resistance. The bearish pennant shows XRP...

quantacake Aug 18, 2019

clear graph. small risk mid term. stop lost below red line. check volume for when to sell.

quantacake May 16, 2019

Cup and handle has broke out. Taking the difference between the bottom of the cup and the bottom of the handle and adding it to the top of the handle, we can expect about a $3.78 increase up to about $8.50. If the entire market holds up for a week or two, EOS has potential to reach the target. Good luck trading

quantacake May 1, 2019

Theres a lot going on in this chart but it all seems to hold some insight. The down trend seems to be slowing down. But I'd expect one more small dip to be made before it breaks the diagonal line. Once broken, it could still go down to $1.41 but it may also follow the dark fib resistance arc. Finally noticing NANO's association of Wednesdays over the past four...

quantacake Updated  Apr 28, 2019

Mid term, it looks like theres now some overhead resistance as seen from the black lines at $1.66. Due to this overhead resistance, a bear flag could form and could see $1.37 again. Mid term, I feel bearish to neutral due to this resistance. Breaking above the resistance, possibly see a double peak at $1.97. This isn't advice, only a hypothesis. Lets see how it plays.

quantacake Jun 25, 2018

IOTAUSDT having trouble surpassing the $1.05 resistance. There looks to be a small support around $0.98, which once it's reached, may stay within the green trend lines and create a bullish pennant. Time will tell. Also, check out my order limit the other day for IOTAUSDT on binance. And they say you can't catch the bottom (unless there's another bottom?). Time...

quantacake Updated  Jun 2, 2018

There's been a lot of movement lately in the cyrpto space. Burst has held it's position relatively well compared to many other alts. In my previous post about Burst, you see the potential large C&H on the 1 day, which the handle is still currently being formed. Looking at the 1hr time frame, you see another C&H, although this one has very recently been complete....

quantacake Updated  May 18, 2018

Looking at the BURSTBTC 1day chart, we can see that it's still following a bullish trend. Currently it reached the bottom support line as you can see in the graph. Although it's hard to say whether it'll break it. I say that because looking at he BURSTUSD on Poloniex, it has already formed an H&S. Although, the RSI and CCI look neutral, on the 20 and 50 day for...

quantacake Apr 1, 2018

I think some more formation and a breakout will let us know a short term bull or bear pattern. If it drops, the flag and pennant tells us to potentially experience a $100 drop, considering the previous drop i.e. flag pole. Although I cannot see it dropping too much more. What's your thoughts? Are we near the end or is there some more drops? Also, do you think...