Chart is self explanatory. Regression Trend set at 2 Stan Dev. I am short for trading but long for investment. I currently don't see the major H&S playing out unless the entire crypto market shytes the bed. The first one worked like a charm. Loved how this has held up, relative to the alt coin spectrum, over the past month but seems to be losing it's staying...
Good day ladies and gents. Typically this setup would be bearish but I am curious to hear your thoughts on the BTC Daily chart. Does the simplest explanation apply here or is it much more complicated than that? If I was to make a call without worrying about sounding like an idiot or the fear of being wrong, I’d say this next impulse rally to the $65k area...
I made this 14 hrs ago but published in private mode by accident. The pattern can still fail to repeat what it did March 2017 but it’s looking even more familiar 14 hours later after this recent breakout. Take a look and let me know your thoughts. I know the price and popularity of ETH was very different in March 2017 but I couldn’t help comparing it to...
I’m sure it was just a coincidence but ADA broke out of the bullish flag pattern a few hours into July 25 as I guessed/predicted/surmised in my first post. If it continues to follow the rules of trading patterns as it did so precisely in the first 2 setups, we should reach approx. $0.183, a $0.053 breakout of the Flag/Pennant formation for the 3rd time in a...
Closing in on HardFork 7/29. My previous analysis said 7/25 was the day we break out. Maybe it will come sooner.
I'm a newbie - I'm hanging my nuts out on a limb - by publishing this Idea/Observation (first ever) so be gentle with comments. I noticed the two previous flag formations (Bear then Bull) were exact replicas/repeats of each other. It made me ask the question - Is the current formation we are in now a replica or repeat of a prior pattern or: Are the Fibonacci...
I'm a newbie and I'm hanging my nuts out on a limb by publishing this Idea/Observation (first ever) so be gentle. I noticed the two previous flag formations (Bear then Bull) were exact replicas/repeats of each other. It made me ask the question - Is the current formation we are in now a replica or repeat of a prior pattern or Are the Fibonacci GODS telling...