ChartFood

ChartFood

ETCUSD.

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LADDER, AWLAYS.

ChartFood Updated 

Bitcoin is in what appears to be a bear flag that is beginning it's completion. The target levels for the bulls would be first: 3920, then 4500. From there a 'bull market' could be argued as well as a upward trend. Until then we have to be realistic about this bear market and expect to be denied at 3920 (the top of the flag's resistance). If the bears win out we...

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BTC 4500

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I'm a bear. He's a bear. She's a bear. We're all bears.

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SPX

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SPX

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We have to watch this play out. I was bearish but seeing this form has perked my interest. Let's watch.

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Area I'm focused on. Rising wedge inside a falling.

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BTCUSD

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Rising wedge gearing up for another drop?

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'm posting this because my idea that we, launching off the 382 (the 618's twin brother), in the land of fib means we're going to meet the 1.272 monster (4500 BTC ). Many people in the TV chats rebuked my idea. I could be wrong but it is interesting that that is we're we initially got held up before. Let's watch this play out.

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No one can predict the market but the skilled Fibonaccians know how to take advantage of movement. The pattern always looks for support at .124 or 0 levels. A HH could be coming. A fib retrace from all of LTC indicates that the 88.6 level is at 49.99 LTC. That is my target. Only trade based off support/resistance breaks. God luck.

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ETHUSD

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LTCUSD

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1.272 sell.

ChartFood Updated 

Works the same as fib, but give you an edge with timing your expected reveals. (purple line is supposed to be 1 pip over to left where green area in up fan meets red area in down fan).

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Scalp.