MacroCrypto1

MacroCrypto1

The 3 year pennant is colliding with the over/under dotted line created prior to 2016. We are about to find out either way.

MacroCrypto1

Please read notes on the chart and other ideas. I have been posting about this for months.

MacroCrypto1

Anyone interested in making money. Don't say you were never warned. Notes on the chart say it all.

MacroCrypto1 Updated 

With pennant being such strong resistance, and a new channel being established the short term range looks to be laid out.

MacroCrypto1

Volume is decreasing while the 4k longs wisely begin taking profit. The three year pennant remains in tact with a golden fib from the March low calling for 6400 which would produce a massive IHS strong enough to break the pennant. MACD bearish and crossing below 0. Adjusted strength indicators all bearish and momentum has just flipped bearish. A new channel has...

MacroCrypto1

not much else to say, take profit, be smart and stay safe

MacroCrypto1

We are still on track for inverse H&S. Pretty sure i was one of the first to call for an inverse H&S late April as my very 1st post to Trading View, we are still on track and the golden fib from March almost seems to be calling for it. The inverse head an shoulders is the only thing i can see strong enough to break this 3 year down trend, otherwise, potentially...

MacroCrypto1

Daily: Mayer Multiple shows us over extended (main chart bands). Bottom pink, mining cost still high while transactions (white) slow. I.e. Fees. Price needs to shake out these unprofitable miners,.. Please follow and leave a like if you found the perspective unique or helpful..

MacroCrypto1

If there were ever a treasure map identifying the top of a major trend. I wonder if a giant darth maul/gorgeous diamond reversal top right on the spot where the 3 year trend line and march trend channel converge would qualify as a good candidate? 🤔

MacroCrypto1

we have broken the channel and we are currently up against the 3 year trendline. keep your shorts a little looser then tight but well managed, this could be a wild ride but until we break the trendline, i remain bearish.

MacroCrypto1 Updated 

March Channel is intersecting with 3 year drown trend line . I think we got here a little too fast, a retrace to the golden pocket or 7400 for a massive inverse head and shoulders should provide us the momentum we need to escape the massive wedge in healthy fassion

MacroCrypto1

There is a large volume gap in the $5k to $6k range that has never run through its paces and serious resistance in the $9.8K to $10.5K range, this increases the probability of a retest to shake out the last of the weak hands before we say are our farewells to $10k forever more. Strap in and hold on tight!!!!!

MacroCrypto1

We are just above long term trend, major short term decision in the the 24 hours

MacroCrypto1

looking for a drop to 7.4k as a recoil before breaking out of the long term trend for good.

MacroCrypto1

looking for a local top at 10.5k

MacroCrypto1

Inverse head and shoulders looks to put us at 17.5k by mid December.