To summarize and give a bit of background: In Jan/Feb of 2018 we experienced mayhem of the Major Support / Resistance Flip. We were shown the infamous technical pattern called the "Inverted Head and Shoulders" of a potential reversal and the the Bears decided to take advantage and flip the script. As the bulls anticipated a major long at this important level, the...
Whales are setting big Low Buy Walls and keep pulling down Panic sellers who create their own doom by creating Sell limits close to the price in turn creating clogs and sell walls that wont let the price move up. If only if Sellers knew the best thing to do is create High Sell Limits. Example: the price is dropping to 333000, then set the damn Set limit to...
Up until this point, Bulls have rallied up without much pressure. Bears were hibernating. Could this be a bull trap like other bubble formations? Or a bear trap? The line intersections and signs of both were clear. Very confusing. In a previous post I mentioned something peculiar about Feb 12th. Why all signs pointed to today. Let’s see. I played defense a...
So alot of people invested in TRX with Dreams of Driving a Lambo, relaxing in a yacht on the Amalfi Coast getting high class service at the Montecarlo. Yes, Boohoo, your dreams had not come to fruition in the ridiculous time frame you set for yourself. Okay now with that said, in this Crazy Crypto Market, those dreams can still come true in a broader time...
At this Crossroad the Signs are Clear. Bearish signs every where and the Bull has landed in unchartered territory. The Big picture shows us the BEARISH WEDGE which would indicate an eventual downward decline at the break. Looking at Buying Pressure and Volume doesnt seem likely of an upward push at this time and point as I write this. The Micro Sign at the 3...
BTC has got some strength for the short term but out came a Bearish Wedge.
I believe this can fully pan out by February 12th if all is smooth.
So Obviously Most of the pattern with the Premium Coins mimics BTC with a possible Head and shoulder and I see a completion around 2/12/2018. IF and only IF, The BTC head and shoulders is complete, then we can see a spark of some limited growth until the next major Resistance. If this doesnt happen then ignore this and have to reassess the new...
Again I see a 3 3 5 Flat BEAR, They are everywhere in Crypto it seems due to the swings and volatility. So if you zoom out on BTC and see that its a huge Bullish Flag, you can see the 3 3 5 FlAT BEAR in the Orange Box and then the Decline into where we are now. Currently we are in a miniature version of that and will hit in the ~ $13k SELL Range at the top of...
We Witnessed IOTA Breakout and make some quick gains and now we have another Premium Coin on the verge. While BTC is settling into its new wave, I moved a majority of my coins into ALT. Will be back to Bitcoin when its locked and loaded. Take a look Same exact pattern as IOTA. Check my other charts.
OMG is currently on the Cup N Handle Break out. Bought in at 1436 and rebought more at 1467. Not sure of the velocity in Growth, but its headed in the right direction. Slow Steady growths into February.
Looks like the Tip is forming. Flat Bull 3 3 5 is almost ready for a break out. Let's see if this thing is going to Blow.
Currently I see a Flat Bull 3 3 5 on IOTABTC (Binance) waiting for the final Waves to Finish. Then Take off. I'm assuming to about 22200 Satoshi. If it breaks this resistance then to 23000 Satoshi. I may sell off Conservatively depending on the rate. Buy Zone is in or near the Yellow box. I will be following my own analysis and see what happens. I discovered a...