Recently, we used the work of Jesse Livermore to catch the move in Bitcoin (BTC) to $7500. Jesse Livermore was a technical analyst from the early 1900s. He was featured in a famous trading book “Reminiscences of a Stock Operator.”

We have been using his ingenious construct called the Livermore Speculative Chart. This chart structure shows an upward sloping zig-zag consolidation usually comes just before a big parabolic move up (Figure 1).

 Figure 1

We have applied his work to a variety of big coins. Our conclusion is that upside potential is massive. The list below are the Livermore charts and upside targets for a variety of big coins.

Livermore analysis shows Ethereum (ETH) could move to $400 (Figure 2).

 Figure 2

Livermore analysis shows EOS could move to $10 (Figure 3).

 Figure 3

Livermore analysis shows Monero could move to $115 (Figure 4).

 Figure 4

One of the biggest moves could be in Ripple (XRP). Ripple’s chart is shown in Figure 5. The upside target could be $1.20.


 Figure 5


The upside target in Stellar (XLM) could be 0.35$ (Figure 6).

 Figure 6

Bottom Line: Based on Livermore’s work, the rally in crypto is only starting. Based on these charts a massive parabolic move is set to begin in big coins. Nobody really seems to be talking about how much these coins could move to the upside…nobody except us.

The Crypto.IQ Trading Desk can help you get involved. If you’ve been thinking about buying crypto, they can help you get started.

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