Mike_Honcho

Mike_Honcho

Can't help feeling like it's time to buy again. Are we going to $0 for real this time? xD

Mike_Honcho

Its a little sloppy cause I've been doodling on this one for a while and yes I like my wacky fib channels but I'm hoping for some consolidation in Bitcoin while the poo coins have a go at it for October. Been a strange couple of weeks with the spy dropping and Bitcoin going up with the dollar but we'll see if this thing can break up and look for new highs by...

Mike_Honcho

Was gonna publish this sloppy chart a few days ago and go a little heavier on it myself but its probably still worth buying the breakout with a close stop. Only grayscale fund to not go full batshit yet

Mike_Honcho Updated 

Man have I been wrong about this turd before, but it looks like a good place to jump in with a relatively close stop again

Mike_Honcho

Gotta be about time to short this again

Mike_Honcho

Playin with the fibs a little to support my bullish bias but I could see it goin either way. Kinda hoping for consolidation in this range to play some shitcoin games first cause the top of the channel is way up there and I've got a bag full of terds.

Mike_Honcho

Curious if anybody that plays this thing has any comments/targets.

Mike_Honcho

No position for me. Just wanted to say DAMN

Mike_Honcho

It's getting harder but I'm trying

Mike_Honcho

Looking like we hold this line or prep for another 6 months of winter

Mike_Honcho

Wanted to throw this back up here since we might be finally coming to the end of the smaller down channel. For some reason the one I had published from September didn't save so this one is kinda thrown together. Curious for thoughts and criticism.

Mike_Honcho Updated 

Ok I'm really just looking for fresh imaginary lines now that the months worth of boring triangle business is over. Curious to see what happens this weekend after futures settle

Mike_Honcho

Was messin around and thought I'd throw this up for comparison since its fairly similar so far. The market seems to have a few more eyeballs on it these days along with the looming regulatory concerns so maybe some of the wild west magic is wearing off but that 200ema looks like it held as support all the way to February 2018

Mike_Honcho

Really just publishing this so I can look back in a few years and see how far off I was

Mike_Honcho

I know the fibs are a bit subjective but this has been pretty stubborn support so far

Mike_Honcho

Since we're all waiting and watchin to see if this wedge is gonna break down and I'm kinda bored watching the same damn structure for months I thought I'd zoom out and play around in log scale.

Mike_Honcho

As long as this daily closes above $10,150 or so we're still hangin in there but its getting close. If it holds then still probably a few weeks of action packed sideways, but on the upside dominance looks to be finally breaking down and I'm crossin my fingers for altcoins to pick up a little. Gonna stay away from predicting the possible down side if this thing...

Mike_Honcho

If this thing plays out its just one more month of boring and we get to pick a real direction