RSI shows NEO breaking out of the wedge. This is a positive sign as it approaches the apex of this triangle. I expect some serious price action over the next week. If the trend breaks down, things could get ugly quick, but I dont suspect that will happen.
Assuming btc doesnt shit the bed, which it probably will, theres a good chance VEN breaks it off soon. SL 35k
seems like we got good support at 1200. gg btc. remember kids, the bright colors means in dangerous potential (major) supports listed on horizontal lines. cya at the bottom nerds
chart conveys monthly trend lines with weekly intersecting points I'm less concerned with day to day trading and more concerned about the longer term trend. The trendline from august 2015 remains going strong with 9 intersecting points based on the weekly and 7 occuring within the last year. November 2013 has the second strongest with 3 points over the last...
My horizontal support line and upper bound of the July Channel is being broken as I write this - not surprised and was expecting at least a wick below it. W What I wasnt expecting is such low volume on this break. I think most of the community is somewhat surprised by the lack of volume, but maybe people are getting smarter. This means lower lows are to be...
so long as we dont break that september trendline, there should be some since of security with it. RSI is picking up on each new higher low, so that should be a good sign. everyone in the market is scared right now because of the flash crashes that have plagued us for the last several weeks. channel trendlines are based off of weekly candles
Currently we are in convergence between the channels, hence the intraday price volatility and wild sudden swings. The two most important trend lines intersect on 4/20. I think that we continue to toy with this trend bottom line until then; however, the volumes need to pick up if the bulls are going to win this. We've only had two weeks of solid buy volume since...
Clearly Justin Sun, aka the only millenial in the school of Jack Ma, is painting the TRX logo on top of the btc daily charts. I think this is clearly symbolic of his ingenious plan to overtake BTC. Right now TRX is trading at about 523.33 satoshis, which means, we should expect each TRX to go up about 1,191,084% in the imminent future! Time to load up for our moon...
Hi, I'm Johnny Knoxville, welcome to jackass. ( im not a pro) dont get caught in the angles as they are somewhat arbitrary to the scale of the chart; however i think they can provide some guidelines and interesting facts. The white dashes represent absolute h/l for the fractal patterns. I use the fractals to provide Angle A & a ( and so on)are the high daily...
Learning about fractals... would love some tips. There appears to be a repeating pattern of sorts. I think the next few weeks appear pretty obvious following this pattern. More of the same.
Amateur here: We haven't reach the bottom yet. How do I know this? I don't and neither does anyone else, but I'm willing to bet on this. Look at the volumes. There appears to be about 3 tiers of volume, and we are just now breaking above the middle tier, still nowhere near the giant spikes. Bad news for hodlers is that this may go on for another week or so....
I see a lot of people concerned that were going to go back down to $6-7k or even $2-3k - wouldn't that be nice? I think its notable that the fib sequence has shown where some bounces are and as it sits right now - we bounced pretty good off of the 9050 range. This is an uptick from 8300 range the other day. So long as we dont go below that $6k trend line (that...
Entered the crypto markets on January 2nd.... needless to say its been rough, but I stay hopeful as I'm luckily only down 25%. I'm fairly certain that the HODL strategy is not going to see results like last year, so I'm going to learn to trade. I'm still learning the basics, but basically what I see here is indecision in the markets. A break in either one of those...