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Recent Ideas

A Video on MATIC’s Move & Purple Crypto’s Dec ’20 & Jan to March ’21 Winnings

A Video on MATIC’s Move & Purple Crypto’s Dec ’20 & Jan to March ’21 Winnings

TOTAL DECEMBER '20 WINNINGS: 43.8% TOTAL JANUARY '21 WINNINGS: 45.5% TOTAL FEBRUARY '21 WINNINGS: 1410.2% TOTAL MARCH '21 WINNINGS: 7048%...
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BTC’s Bullish Move & Purple Crypto’s November ’20 Winnings

BTC’s Bullish Move & Purple Crypto’s November ’20 Winnings

TOTAL NOVEMBER WINNINGS: 112.1% November was just a slightly crazy month for the crypto market with the occasional head scratching...
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Targets Hit & Purple Crypto’s October ’20 Winnings

Targets Hit & Purple Crypto’s October ’20 Winnings

TOTAL OCTOBER WINNINGS: N/A While October '20 was our first month without any closed setups, two of our earlier marked...
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All Ideas

Why Bitcoin is Heading Down – Are We There Yet?

Why Bitcoin is Heading Down – Are We There Yet?

I was asked by a fan to post more educational ideas to enrich his learning experience. This one is for him - my in-depth analysis of why bitcoin is heading down using two of my favourite technical analysis tools - Fibbonacci and technical analysis. Before we begin, to clarify Elliott...
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7 Replies
MATIC/USDT Forecast Analysis

MATIC/USDT Forecast Analysis

Hello Tradies! After some deliberation and careful consideration, I believe MATIC/USDT has begun corrective wave formation (and why wouldn't it? It loves following big brother BTC). I have marked out the impulse Elliott Waves it has completed and I foresee it needing to get to an oversold status (stoch RSI...
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3 Replies
Are We Ready for the Big Bitcoin Crash? A Different Perspective.

Are We Ready for the Big Bitcoin Crash? A Different Perspective.

Good Saturday Tradies. Buckle up and gear up for the next possible crash. All signs are pointing south. A DIFFERENT PERSPECTIVE... It has completed 3 super waves - meaning we are in the corrective phase of the super waves. I am of the believe that the recent uptrend was part...
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BTC Short-term Prediction Technical Analysis

BTC Short-term Prediction Technical Analysis

Retracing back from the last large wave from BTC's uptrend, you can see on the left of the chart that the .618 fibb was initially strongly resisted which was what brought us to the double top formation. As we (should) know, double tops don't end well. Points to note: 1....
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BTC Opportunities & “Double Trade Profit Points”

BTC Opportunities & “Double Trade Profit Points”

I love the phrase I coined up - "double trade profit points". There's a nice ring to it and from this chart, the benefits are also obvious. On this chart which takes us back to the 2017 rise, I have marked out where the 200 and 314EMAs touched the candles....
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Where is BTC (Bitcoin) Headed?

Where is BTC (Bitcoin) Headed?

I would like to share with you a comprehensive analysis of where we are at with bitcoin. An explanation of why there is so much confusion, why nothing seems positive and where we could possibly be headed. This is something I have shared with Purple Crypto Premium members. I have...
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4 Replies
Are we in Corrective Wave Formation C of BTC – Parabolic Theory

Are we in Corrective Wave Formation C of BTC – Parabolic Theory

Using a Fibbonacci channel dating back to 2012 (acclaimed by so many Fibbonacci traders as the gospel) with marks inserted where they feel are the larger 'Waves' of smaller 'subwaves' and trying to make sense of it all, it is obvious BTC is not in parabolic growth. In fact, it...
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What if it goes down? BTC/USDT Future Projection

What if it goes down? BTC/USDT Future Projection

Printed on August 18, this privately published chart is an idea for where BTC could head if at the end of the current corrective wave formation it downtrends. Trend angles taken from the 2017 rise and projected forward to this rise could indicate a near term downtrend. As you would...
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MATIC/USDT Support Turned Resistance

MATIC/USDT Support Turned Resistance

Drawing back from the .618 fibb line and projecting it to today, it has turned from support to resistance now. It may experience a short-term rise (~0.01774) followed by a longer-term correction (to ~0.01255) following which analysis can be consolidated further. Go long in the short term and pull out...
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2 Replies
BTC Set to End its Bull Run

BTC Set to End its Bull Run

BTC/USDT looks set to end its bull run with a candlestick at a lower volume along with other signs ( RSI, MACD, etc.). I expect it will be flattish over the next few days followed by a downturn. This could turn into a massive bearish trend if it swings down....
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