Crypto Contest February 14: Stealth

Stealth (Bittrex: XSTUSD) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Stealth began a wave one advance in November 2015. The red wave one finished in October 2016, and the red wave two correction ended in January 2017. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished in January 2018, and the red wave four (blue sub-waves a-b-c) correction ended in November 2018. If this wave count is correct, Stealth should be heading next towards the January 2018 peak in the red wave five.

(Chart courtesy of Tradingview.com

Crypto Contest February 14: Stealth

Stealth (Bittrex: XSTUSD) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Stealth began a wave one advance in November 2015. The red wave one finished in October 2016, and the red wave two correction ended in January 2017. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished in January 2018, and the red wave four (blue sub-waves a-b-c) correction ended in November 2018. If this wave count is correct, Stealth should be heading next towards the January 2018 peak in the red wave five.

(Chart courtesy of Tradingview.com

Crypto Contest February 14: Stealth

Stealth (Bittrex: XSTUSD) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Stealth began a wave one advance in November 2015. The red wave one finished in October 2016, and the red wave two correction ended in January 2017. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished in January 2018, and the red wave four (blue sub-waves a-b-c) correction ended in November 2018. If this wave count is correct, Stealth should be heading next towards the January 2018 peak in the red wave five.

(Chart courtesy of Tradingview.com

Crypto Contest February 13: Odyssey

Odyssey (Bittrex: OCNBTC) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, Odyssey began a wave one advance on August 14, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 17, 2018, and the red wave two (blue sub-waves a-b-c) correction ended on February 10 this year. If this wave count is correct, Odyssey should be heading next towards the October 17, 2018 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Odyssey’s mission is to build the next-generation decentralized sharing ecomony & peer-to-peer ecosystem. Odyssey

Latest BTC prediction holding strong

A prediction of mine from 8 Feb is right so far.

I published it in my Fib levels post of 10 Feb. I might as well milk it for all it’s worth while it remains correct!

This is the chart I’ve been using – the arrows are unchanged since I first drew them.

Made by Bit Brain with TradingView

Why am I showing you this now? To demonstrate how good I am? No – that’s not it. Okay, that is it a little bit, but there is more to it than that!

There is much excitement in the crypto world at the moment. People

Bitcoin Technical Analysis: QUICK UPDATE

Bitcoin broke below the $3,600 support (on Coinbase). It’s now testing the prior order block between $3,580 and $3,540. Should this break down decisively (4hr candel opening and closing below), I believe a drop to $3,400 will become likely. Looking at the 4 hour chart, we can see the 8, 21 and 55 day EMA’s…
Read on Trybe

Bitcoin – Fib levels

I have complained over and over again about the tricky 2019 Fib levels. Well I went out and did something about it – I found them.

Yesterday I made it very clear that BTC was in a channel and that it should be viewed diagonally to make sense of it:

“Hear me clearly when I say this: BTC is not using horizontal support and resistance levels at the moment; it is using diagonal ones.“

That post dealt with a broad channel. Today I want to dig a little deeper into the levels. I want to show them to you.

I actually found the levels some

Bitcoin Technical Analysis: BULLS HANG ON…FOR NOW

Bitcoin has managed to hold onto most of it’s gains over the past 3 days. As of writing this, $3,600 is acting as support once again. Volume has slowly dropped off as many are waiting to see if this was a bull trap. Looking at the daily chart, we can see price found resistance right…
Read on Trybe

Bitcoin Technical Analysis: BULLS HANG ON…FOR NOW

Bitcoin has managed to hold onto most of it’s gains over the past 3 days. As of writing this, $3,600 is acting as support once again. Volume has slowly dropped off as many are waiting to see if this was a bull trap.

Looking at the daily chart, we can see price found resistance right at the upper Bollinger band. This corresponded almost perfectly with the 50 day MA (Orange line). A decisive break about the 50 day MA (on the daily chart) would be significant IMO.

Long positions remain stacked while shorts have fallen off significantly. This low volume market makes

BTC – Trade the channel

What caused the spike in crypto prices yesterday? ETF approval rumours?

No – I did.

I’ve mentioned before that I and I alone am the ultimate controller of BTC price. This was once again evidenced yesterday. You see: it’s been a very long time since I’ve had any fiat available with which to buy crypto. In a way that’s a good thing, it’s kept me from buying several dips which were above the $6k level.

Yesterday that changed. I woke up to a long-awaited payment in my bank account. Like a good crypto investor, I decided to use some of it to