Topic: SignalsCoin [Airdrop: 80% Supply] 🔴 PoW 1 SIGN/block 🔴 PoS 1% 🔴 Bounties - page 35. (Read 7148 times)

So yesterday I literally nailed it, when it came to finding the bouncing area. BUT that was not good enough. I did expect more. I assumed we were done with our Blue A-Wave 1.47% correction, and was about to ride up on the B-Wave. Everything was also looking good for at long time, all the indicators were pointing in that direction.

But when we couldn't break the 6,900 USD level, and get our 3rd sub-wave going. I then started to doubt if this scenario was the right one.

We now got more data, and we obviously have to adapt and adjust to our new knowledge. As you can see, I have moved Wave A further down in the 6k area. The reason for that is, that a bear flag has taking form, which predicts we will go lower very soon.

The RSI also confirms that. The price is making higher lows, but the RSI is making lower lows. This is called Regular Bearish Divergence, which is a reversal pattern, which means we will go down.

All this together will also match our sub-waves I have drawn for you in pink. The 3rd wave is reaaally long (around 326 % percent of the 1st wave) but it's still valid according to Elliott Wave Theory and Fibonacci Ratio Extension Relationship.

Expect therefore, that we first will go down to around around 6,400 USD, where we also have the shortest Low Volume Node. We can expect a small correction there - hereafter we will probably go down to 6,000 USD.

Bitcoin recovered strongly from its previous low of $6,000 as buy orders were hit on several exchanges. This lead to a strong rally initially but it fizzled out as BTC neared the main resistance trend line. It was rejected from there and started to drop heavily against USD on the 1D Chart. However, a lot of positive news have come to light during the past few days and investor sentiments seems to be changing from bearish to bullish but big money is not getting involved yet. Most analysts expected a retest of 6,000 and a double bottom but seeing the swift recovery after the previous fall to $6,000 investors are hesitant to sell. The big picture on the chart indicates an Adam and Eve Pattern which could finally help BTC break out of the wedge and continue towards new highs. If the Adam and Eve Pattern fails to complete, then BTC should be expected to trade within the wedge and it could take more than a month for it to breakout.

Ripple is willing to pay millions of dollars to be listed on US exchanges

TOKYO, April 6 (Reuters) - Japanese online brokerage firm Monex Group Inc said on Friday it would buy hacked cryptocurrency exchange Coincheck Inc, acquiring full ownership of the Tokyo-based firm for 3.6 billion yen ($33.59 million).
Monex, Japan’s No.3 online brokerage by customer accounts, said in a statement it would execute the deal on April 16. Coincheck’s CEO and COO will resign from the board of directors and become the company’s executive directors, Monex said.
Coincheck was hit by a daring $530 million theft of digital money earlier this year, prompting penalties from Japan’s financial regulators for lax security protocols. ($1 = 107.1800 yen) (Reporting by Thomas Wilson Editing by Shri Navaratnam)

TOKYO, April 6 (Reuters) - Japanese online brokerage firm Monex Group Inc said on Friday it would buy hacked cryptocurrency exchange Coincheck Inc, acquiring full ownership of the Tokyo-based firm for 3.6 billion yen ($33.59 million).

The red bottom line is the support at 6600 usd. In the near future, if the buying power is strong, the price will penetrate 7000 usd and increase dramatically. But if after 11 o'clock, under the pressure of the market, prices will fluctuate around 6750 usd and then fell sharply.

April 15 marks the end of tax season in the United States, and it’s just around the corner. Investors who profited from bitcoin’s massive rally in December are having to come up with the money to pay Uncle Sam now, which could explain a percentage of the selling pressure in the bitcoin price in March. Kelly noted that any “tax-related selling” that’s been happening in March is going to come to an end in a little more than a week. (Separately, Kelly also noted that the blockbuster $2 billion Telegram ICO may have attracted investments away from BTC.)

Yesterday’s intraday low was at $6400 (which confirmed end of wave iii) before price rallied to $7500. At $7500, wave iv completed and price dropped quickly. The 5th wave of this degree is expected to continue in the next few days to $5500-$6000. At the end of this, at least a 3-wave rally could happen back to $8000 region. Stay tuned for the next update.

While the price is above the support 6000.00, resumption of uptrend is expected.
We make sure when the resistance at 11600.00 breaks.
If the support at 6000.00 is broken, the short-term forecast -resumption of uptrend- will be invalid.
We will close our open trades, if the Midterm level 6000.00 is broken.

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The price of BTC may drop to US $ 6,500, but that is a good time to buy BTC and sell at 6750 usd. Here we should buy margin with x50. Then the price of BTC may drop sharply, but if it drops to 6600 usd and turns around then we should buy and wait for 7100 usd to sell words. If margin x50, then 2 times so the property we will x5. I'm sharing my guess for you.

At the end of April, you can take profit to increase the value of your property.

BTC is trading at $6,600 handle with the nest support at $6,442 (April 1 low). Once it is cleared, the price will extend the downside towards $6.000. The upside is limited by $6,900 - $7,000 area with the strong resistance created by the upper line of Andrew's Pitchfork.

Market capitalisation predictions
Comparing the forecast market capitalisations for bitcoin, Bitcoin Cash and Ethereum – the only coins of the 13 with a reported number of coins available for 31 December 2018 – our panel has predicted that Ethereum will see the greatest increase in market cap growth by the end of the year (+234%). Bitcoin follows with a 114% increase, while Bitcoin Cash is picked to come in at +40%.
This has been calculated by using the number of coins expected to be in circulation by the end of the year along with our panellists’ forecasts of each coin’s value by the end of the year.

Just recently at the Satoshi’s Vision Conference in Japan the co-founder of the Tokyo Bitcoin Cash Meetup, Ken Shishido, discussed how he has been promoting BCH adoption in the country. Further, Shishido has been promoting a new BCH branding idea within the community by calling smaller fractions of BCH ‘Cash’ instead of ‘Bits’ and so far some members of the BCH community have been embracing the concept.

As expected, and what I can do now is not wait to LONG X100

Thanks to the good signals I have avoided the loss phase, the BTC price dropped dramatically, from $ 7,500 to $ 6700.

Good signal to buy on

Ethereum EIP 958 Recommendation on Github on March 30, by Ethereum Piper Merriam, presented the idea of ​​a hard fork in the Ethereum (ETH) protocol to block ETH ASIC radars.