Notice the divergence on this Daily chart as shown by the red trendlines. This suggests a sharp trend reversal is forthcoming which also supports Elliott count as a C corrective wave is expected in the count following this strong B Wave up. Look for favorable entry points in the $1000 - 1100 range which should allow traders to establish a profitable entry point...
Look for another move higher as a 5 full Elliott impulse 5 wave has completed and is now closing in on fully correcting for another leg higher. It has regained the 50 day moving average a bullish sign and the MACD and RSI are positive also. Good luck.
BTC continues to advance in bullish moves and is now setting up to break through former strong support at 10,000.00. I look for BTC withing the next few days to break above and hold 10,000 then trading sideway for several days before moving higher to test the 11,480.00 level which is also former support turned resistance. I expect Alts to broadly follow BTC and...
EOS just completed Minuette Wave (i), the second 5 full wave count it has completed in a short few months, during a bear Crypto market. EOS is one of perhaps 5 coins I have seen over the past few months consistently increasing in value. It has shown phenomenal strength against a super negative market pushing higher all along. Currently, it is correcting after...
See chart for embedded notes on where I believe VEN will lead next. This one has been a huge winner during the meltdown so what will it do now that the Crypto's are much stronger? I expect VEN continues to set records but lets see what the chart can tell us.
BTC as I stated in my last update has bottomed and has been consolidating for the past 7+ days ahead of commencement of a long term bull market that will eventually lead to new All Time High reaching at least 24,000 and potentially exceeding 100,000 before end of year. I see BTC from here next moving above the long term trend line shown on the chart to "E" where...
BTC is completing the ABCDE diagonal and I expect it is bottomed for the year. If not, lets face it can go much lower, but the lower option statistically in diagonals like this is not likely. Now is my entry point all in and I will set my stop to protect this trade. IT is a great set up in my opinion. Good Luck.
ETH as well as BTC in my opinion, which is usually spot on I might add check my historical charting, are most likely at their low point of the year and offer the best entry point we have seen since the DEC 2017 melt down. We are either bottomed here of we are really going to see a larger drop is what the charts are saying. A further drop is statistically far less...
ETH is completed very close the ABCDE diagonal at which time it will move higher as it begins a long term bull trend. Look for Alts to also rise as crypto's enter a bull market. Unlike some of the so called "top" forecasters which I am not sure how they obtain those positions as they who failed to call the Dec crash and to see the following ultra low prices coming...
I expect BTC to bottom this minor "c" at 6900 level followed by a solid bull trend to higher levels over summer. I believe this is the last days to obtain the most favorable entry price for BTC and most Alts. I spoke about eatlier about t his a week ago and BTC has been moving with minor price variations completing this insignificant to BTC trading ranges since...
ETH has been in a descending wedge which it is now completing moving toward "E". The bottom is complete I believe of this long decline and from here we should see overall a steady advance to new highs. Good Luck & keep using stops to protect against loss and maintain gains.
BTC just completing "C" of ABC and I expect now to see BTC make a minor advance in another abc sequence as shown by red arrows on my chart. This is a common wave sequence and this upward move while it could be the start of a long bull trend is more likey simply a corrective minor move to the prior ABC decline. I do not think this advance I am expecting to be the...
ETH I believe has just completed Wave "C" of this latest ABC corrective sequence and I now expect ETH to move higher. I added 4 ETH to my position at $501.00. I see ETH making now a move higher in a new "A" leg this time advancing to the above fib retracement = $546.00 +/- . Upon reaching $546.00 level +/- I then expect ETH to again pullback again prior to turning...
BTC is completing "5 of A" in descending triange looking for a solid bottom. Very likely I believe we bottom in the next 3-5 days followed by a strong advance. I am expecting the end of the bear trend which started last December 17th to conclude shortly as we confirm a second test of the low set Feb 5th at 5873. I am not certain if we move low enought to again...
March 11th, 2018 : I expect BTC test the Feb. 6th low of 5873.00 again or lower within the next 5- 10 days. This is my minimum expected low to complete bottom in the current A-B-C (See Chart Blue Arrows) zig zag correction underway. Upon BTC completing the current A-B-C correction I expect BTC to move upward in a series of higher - " highs " early this spring...
BTC broke down through key support level 10,000 and appears to be going quite a lot lower before this correction concludes. I expect we will now again test the low set Feb. 5th of 5873.00. It is also possible we could set a new low in the 47-4900 range, If so, wherever we bottom at this time if we do move near 5873 I expect from that point we will see a...
BTC continues in C wave targeting the 50% fib next. Chart remains same since calling bottom at 5873 which began as reported this ABC up move. Keep stops moved up to protect gains as most should have gains from 9500 entry level added BTC to the 6000 low area bought. Good Luck.
BTC is in wave C channel count 5 which should break above the upper trend line of the channel and then move in C higher.