Here we have the ETH/BTC chart. It's reconfirming support (hopefully) at this 0.72 level. It broke out of its bull pennant and the convergance of this resistance line with the prior 2week high SHOULD offer pretty strong support. Otherwise it could capitulate lower to longer TF support around 0.07 and worst case to prior support at 0.065. Since a break below 0.07...
Here's a simple Fetch.ai chart. Just lines. Anyone wanna guess where its headed? I'm certainly not shorting it right here....
I'm very bullish here on BTC. Besides completing what was otherwise a healthy and clean ABC correction following a clear 1,2,3,4,5 elliott wave, today we have a long anticipated golden cross formation (50.200). BTC tested support at $44,000 TWICE and with conviction in the face of massive sell volume. I expected a retest of the bearish 20WMA (approx $41,500)...
Just mapping $sushi call for reference. Hit very HTF support level . Price didn't even sneeze at the LTC/walmart 'fake news' selloff.
My notes. personal use only. not advice. not advisor. BTC- Nice clean bounce/retest of the midline on this broadening channel with great upper and lower bounds. I'm long here but this is critical support right here. Otherwise/worst case scenario we test the low of the channel at @45k before getting a HUGE BOUNCE upward. Next hour or two should decide.
Eth/BTC to 0.115 by September 30th. IMHO These are my personal notes for backtesting and reference. Giant bull pennant. strong tests and s/r confirmations. 0.115 eth/btc would put us very close to the flippening. Of course we can't put a number on it without a number on $BTC. But if we were to imply a $100K BTC that would equate to $11,500 ETH/USD pair.
Both of these pairs are in ascending broadening channel patterns. Which are typically bearish more often than bullish...BUT....the breakout when they are bullish is much stronger than the downside of a bearish breakdown. and the support line on both charts is a very low angle and trading alot more in the upper half of the channel than lower. Also just tested the...
my own notes. not advice. btc and eth range bound safely for the next couple of days building momentum while traders pump and take profits on alts. i'll be at the beach watching alts outperform while eth and btc safely range. see you in a couple of days before everything blows up.
ETH/BTC chart. just broke out. Not much else to observe. Looking for a retest before a real potential breakout. 0.12 target potential. seems unreal but boy would that be incredible. Assuming a fixed 40k BTC price (which we aren't really going to assume would happen), that would put eth valuation at $4,800. Assuming BTC at 100k, that would put eth at 12K....
We're gonna range here a while. But what else do you expect with all the trade pollution that a super-cycle has to offer?! Avoid the hourly charts. You can get chopped in a bearish range as bad as you can in a bullish range. These are my own personal notes for historical purposes. NOT FINANCIAL ADVICE. In the meantime, ETH and ALTs are cleared for takeoff!!!...
Its a beauty. Confirmed breakout of a large bullish triangle and flipped resistance line drawn from March
for my own research. not advice. benchmarking purposes for personal reference ONLY. NIIIIICE bounce off the HTC support line. I like the way we are headed. Just because BTC.D needs to get to 0.50 doesn't mean ETH can't benefit. In fact, i suspect most of the attrition in shitcoin and (temporary) attrition in ALTS ends up in ETH's lap as appears to be demonstrated...
ok to start- This isn't financial advice. This is my personal notes for benchmarking and reference material. Not a finanial advisor and don't follow my personal analysis. Cause this is just my personal analysis. OK- the picture has cleared up and the traders that have kept it REALLY boring the past couple of weeks (unless you bought the top) are running out of...
Bunch of baby bears. 32,500. Not being a stupid chad bull, but if 32,500 holds up. we good.
Pattern identification is key with this one. Especially with projects rolling hard into Layer 2. They are all buying Matic to make those larger transactions. Pretty much all of the defi projects preparing for defi summer are going to make their large transactions on Polygon.
This is for a wise friend who gave me some great insight. Reciprocating the favor.
This is for my personal reference. Benchmarking and reflection. I was pretty high on LTC. Not as a LT hold but as a cryptosaurus that was way behind and due for a pump based on the LTC/BTC trading pair. And i was right. It pumped. Unfortunatly it had to compete with some timely pumps of equally retail eye-catching coins. I say retail, because LTC is just one...
OK i won't try and explain it. but go ahead and google it. DYOR. But man does it look pretty. All points of the cypher are well in range. and its already confirmed itself the past couple of days...even if its given me anxiety on more than a few after hour sessions. I'm seeing 70-75K here in the near term (week or so) before retesting ATH and moving on from this...