We saw an amazing crescendo with Ethereum and bearishness followed. Went up to $400 (green) and downtrended ever since (pink). The silverlining is in (cyan) - a linear uptrending support range. The lows have touched it twice. Exponential explosions are ephemeral and unreliable. Linear growth is strong and dependable. Buying near this lower range (cyan) to go...
Since our peak around $3,000 (green parabolic) we've been in a downtrending price channel (solid purple range) which is prone to big selloffs (dashed purple support). The low points in the two biggest selloffs out of this range touched obvious support levels. As of 7/19/2017 at 12:15pm est, it appears that price is going to descend from the top to the lower ends...
When BTC halves, it goes parabolic. Then it falls, but retains general upward trajectory. The drop off from the November-2013 apex (solid green) bottomed at the previous highs from April-2013 (solid cyan). We just peaked at $3,000 and I believe we're going downhill for a while. Hopefully we'll bottom (dotted blue) around $1,200 and start to go exponential at the...
An immaculate, heavens-bound, long-term support range Illusory pinnacle after illusory pinnacle - trendline starts at the beginning of our recent explosion in market capitalization from late March 2017 to this day Falls from grace (short downtrends), picking yourself up by your bootstraps (consolidation phases), and the inevitable comeuppance (breakouts)...