Hi Trying to come up with a list of assets I have a long term intrest in. Essentially taking a five day chart and trying to construct a statistically plausible outline for what the next few years old. To generated charts I've used a variety of momentum and volatility indicators. A style adapted from @Krown's Crypto
If we are bullish on the BTC movement (Eastern Markets may convey this better than Western Markets), then we can favor the prob of upside resolution. Conversely, Bears are really just looking at bring price action back to support. Prob don't won't to do that from this level... Path of the least resistance seems to be the upside. With the other markets struggle...
Would you? Guess this decides our direction for the near term. Up or down I don’t know. Just def to the right.
Journaling my thoughts. Feel free to let me know if you agree/disagree.
Fib Channel for entires and exits. Buy on diagonals and Hold On for Dear Life
Looks like a "Bear Flag," but the channel is down-trending so maybe not as obvious. Measured move on the channel up and down is shown. You decide.... Leave your thoughts... Dislike for down. Like for UP!
In massive falling pizza. Triple RSI Hidden Bullish Divergence on the 4hr. Form on the Daily too. Approaching major area of support.
thoughts. If Im right many other are smarter, if Im wrong many others are dumber. ALL IM SAYING is... I'M TRYING MAN!
Have I (we) been doing this wrong all along? Line chart so much easier to read. Just saying. Thoughts?
Confluence of factors led me to short all these tops, but seem ETH is putting up a fight and forming a symmetrical triangle. Its impressive. No one will deny the strength of this asset. Question is does it have the stregnth to bust through weekly resistance and a long-term down trend (and I mean realllllllly long term). Most would say no, and i tens to agree....
continuation or diamond top?
Need to buy in lower.
Diamonds are costly. I think this one you will find at a better price. Godspeed.
How does Strong Bearish divergence play out when you have a move like this? Anyone care to tell