The Bollinger Band is putting the squeeze on BTC this morning indicating a breakout soon. Right now the price is bouncing between the 128MA (Black MA) and 20MA (Green MA) on the BB. After Running some fibs it looks like BTC is ready for a Wave C up. We'll know more as the US wakes up
Pulled out about every fib I can. Purple fibs are for purple subwave C of black 2. Currently we're at the .618. Just a little below the 20MA for BB on monthly chart. Will hopefully see a bounce. The price label is for the 1:1 target pulled from purple wA Black .786 is for an extended w2 scenario to 14K. Also the 1.236 for extended Purple C Seeing more bullish...
I've been watching BTC for a bit and have held a chart on it showing 33K for some time (attached link). After last nights sell off (actually the other day now because my original post was flagged) I think more down is to come (this has since played out to fruition). There's plenty of room in the RSI to move further down. That drop also saw a lot of volume so we...
I pulled a fib from the original ATH and the last pump to $2. We bounced off the .786 for the ATH. Last dump time we breached this box we bounce off the $2 purple .786. If we break .70c I bet we go to .50 I have attached my BTC chart where I think it is going to 33K. I want to believe like everyone Alt season will save XRP, but until the case if over I doubt we...
I finally discovered the trendline that will tell us when moon. Someone is going to have to kiss it for it to turn into a prince though. Gary some kiss it. @garygensler
This is just a zoom in on the sub-waves of my macro chart I posted earlier. We bounced off the .618 nicely for blue wave 2. It's also respecting the 20MA on the Bollinger Band. Staying on the upside of the bad is key at the moment as that is also about where the .618 for wave 2 lands. If you haven't read my other chart I wouldn't be surprised if this moves...
Shib bounced off my target for Red C and Macro 2. At least very closely. It looks like it's working on a micro 5 wave structure. I'm publishing a zoomed out chart this time so you can see what the overall bigger picture is and can get a better idea of what I mean when referencing the sub-waves of larger macro waves. The zoomed in version of this shows after...
XRP the target for C. Normally this finishes out wave 2. Instead we've just been doing this bouncing around. Note: The bouncing is normal to see in a wave 2. I still think it's up for our wave 3 targets anytime...I think it's BTC holding us back for the moment though. Options expire the end of the month. It's typical to see bullish trends in the beginning of each...
I have updated my coordinates in order to get more exact fibs for purple wave 2 down and Red C. Shib has been following a large descending triangle. If everything plays out as it should (fingers crossed), Shib should bounce upward hard to our wave 3 targets.
XRP has begun it's travels up for wave 3 with a 5 wave structure up. We could see it dance for a little bit down to wave 4 targets again before up for wave 5 around the 1.17 range. I've noticed at few Alts like Matic following this same trend. Total crypto market cap hasn't change from 2.6T from the other day. I suspect we're see money trick out of BTC into some...
In my last post I talked about how because this is a low market cap coin and bullish that I bet it wouldn't retrace down to the w2 targets before moving up for wave 3. My other charts indicated a retrace was coming. As we all know that happened big last night. That said, despite the market getting it's proverbial a** kicked last night Shib held up and still kept...
XRP's wick down hit my wave 2 target of 1.04762. It tried going a little further for the 1:1 target for red wave C (it may still try for it). We should be on our way up to 1.618 (1.83276). I will update you on the sub waves as we move through wave 3. RSI is looking oversold on everything. The candles have wicked way outside of the bottom Bollinger band. This is a...
Shib looks like an ABC correction for purple wave 2. So far it's following EW fibs fairly well, keep in mind I didn't make my fibs perfectly exact as shib is a pain in the ass typing in all those zeros. One thing shib has done to be in the past on my charts is since it's a low market cap coin and bullish it fails to retrace. I wouldn't be surprised if it springs...
ETH still needs to retrace some before cont. up for macro wave 3 up. I think we will see an extended wave C down to at least the 1.236 ($4294). That last drop had heavy volume. I think we we soon see more volume in a downward trend. I've been toying with the 128MA (black line). This MA, historically, Has been strong support or resistance in the past. Eth has...
Sorry I was holding off until I got a break down of Red B done. So what I see is a purple ABC of B. I think Purple C will land at the .618 instead of a 1:1 because the targets for the end of purple C align better with Red B than what a 1:1 would. Refer to the purple arrows. I also would note on the Bollinger Band we just crossed the green 20 MA on the 1hr...