Maybe this is well known among the crypto community. I don't know. I'm kinda here in my own little bubble. I was organizing and setting up a ginormous list of crypto charts when I noticed that there were a few odd coincidences about the 2021 rallies. In my estimate, there were three major rallies last year (Spring, Summer, Fall) and two minor ones (January,...
As we all know Elon tweeted doge... but How in the world did it launch PERFECTLY at the 200 EMA??!??
Seems like we are about to break our upper wedge right on New Year's Eve. My take is that we can expect a small pullback, but if Bitcoin keeps stable that pullback may very well result in one of the strongest bulls of Ethereum we have seen so far. Not much to do here but to grab your popcorn and see what happens.
Updated & More Accurate- Interesting alignment between my selection of EMAs, SMAs, and Fib MAs. 2 HR chart. Market could keep going higher as long as this curve upwardly steepens. Resolution --> 3 weeks in during September of 2018, and three weeks in during Feb 2020 are the last two times this distinct sequence occurred. Still getting used to TV; not sure if...
"from TA it most certainly has to close back inside but who knows with this world" - famous last words on my previous gold chart start of Jan 2020
Another newbie's attempt to see patterns on BTC charts. See, all the yellow lines are the same size - of course the drops are a little different from each other, but ok. Nice uh? The blue lines also, keeps a kind of same size too. Then, I traced a projection line (also notice how the "after drop" moves up right to the old supports (now resistences) zones. Again,...