downhillblues

Sentiment is heating up in the crypto world, and with runs in cryptos like XRP or VIBE we may have some bottoms in place. In EOS however, caution is still warranted. Looking at the 4 hour chart, we are

Last week I posted this chart, stating that the EOS/EUR chart was up against wave 4 resistance (the blue box): Well, we all know what happened next - EOS took a dive with rest of the market, in a clear

Despite the nice move up in EOS during the last days, I'm still watching for One More Low. As of now, price has arrived right at the expected retrace for wave 4, which resides at the 1.0 extension of wave

Had a look at STEEM, and like so many other cryptos, it seems to be about right in the zone for a long term play. After a beautiful five waves up last year, price has retraced almost to the 0.5 Fibonacci

The crypto market keeps drifting lower, and, reading the Reddit and Twitter sentiment, it seems many who bought high during the last run are giving up their positions. Capitulation selling seems to be

EOS keeps on dumping after the mainnet launch, and the FUD is real on the messageboards. However, I tend to let the chart speak for itself, and it is very bullish, although there may be some short term

Spent some time with the BTS chart today, after seeing it holding up relatively well compared to others. While it is very possible we see one more low, there is a bullish potential to this as well. So

Just thought I'd share my latest ETH/EUR chart. We got quite a deep dip in the last 24 hours. On the USD chart, the local impulse broke, as (4) went lower than (1), making it a diagonal. On the EUR chart

The crypto market has provided us with some nice five waves up off the lows, and has seemingly begun the next degree wave 2's. Time to scale in! I believe we are in a B wave up right now, which naturally

Today I spent some time mapping out the longer term EOS possibilities, and came up with two scenarios: Blue: We have bottomed and are starting a larger impulse up (to the moon) White: We are in a corrective

Cryptos have rallied again the last few days, but the rally has lacked cowbell. That is indicative of a corrective rally, and leaves the door open for a last wave down to new lows. Here is an Elliott Wave

Just for fun and for fresh eyes, I moved over to the EUR chart on BTC, and this is what I see. We could already have bottomed in ii (purple count), but are likely heading down to the box for either the

If BTC holds here, we have a nice uptrend channel to follow, and also yet again a 1-2, i-ii setup as well as positive divergence on the MACD. In English, that means we have a fair chance of bouncing higher

We got one more low from yesterday's post. Now the downside count is even more complete, and positive divergence still intact. The nano is looking constructive, I think. Entry with a tight stop possible.

Downside Structure Complete, Positive Divergence In Place Let's have another go at trying to track the bottom of this crypto decline! On the 1 hour chart we see that there still is a valid 1-2, 1-2 setup

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Yes, I'm staring at a 1 min BTC chart. But there are five waves up and three waves down on it. Low-risk entry here with a stop at the 22:30 low. If the count follows through, then guess where we are -

Today was finally the day when the MANNA universal basic income distribution would start. The profile page looked promising earlier: However, the countdown went to zero and nothing showed up. The only

So Steem is looking very bullish right now, and is set up for a major run higher. My advice would be to get in while we're down here, because in the next leg up, no one gets a good entry! In Elliott Wave

So the online crypto narrative really has no end these days. It has been said that the crypto market resembles that of the dot.com era. And it's not only the explosive market, but also entirely new visual,