Milky_Udders

Milky_Udders

very simple clear pattern. Thank you for looking

Milky_Udders

Look at that candlewick and volume! The original elliot wave has become a big wedge. Astonishing recapture of 40sat by bulls. After having a few rallies earlier this year to about 35-40 Sat and re-accumulation on the way down, it seems irrational to think there are any sellers left who will part with their precious Doges for below this price (unless BTC starts...

Milky_Udders Updated 

We are still inside a downtrend channel RSI same as last year in behaviour Must conquer MA200 to move ahead I believe short first to test support then measured move up past MA200

Milky_Udders

Generally this divergence suggests this is the top. Here we have *just about* broken down out of an ascending wedge (a bearish pattern). This support is now turned resistance and ETC will have to either a) consolidate sideways or decline to support or b) bounce back into this wedge and close inside it to continue its rise. However, ETC has just recently broken...

Milky_Udders Updated 

Uptrend continuation, or am I smoking hopium? potential risk = gradual grind down to 15 sat potential upside = massive or is doge dead?

Milky_Udders

My take One of the things about wedges I like is that they are absolutely objective my entry was 24 sat when it was oversold on the weekly (I am not referring to RSI in this instance as there is no divergence). You should follow me because I like dogs and drawing triangles

Milky_Udders

I am practicing with this pattern. Similar to BCH - both extended accumulation - both breakout at similar times due to news and realisation of value - symmetrical triangles in both cases I am expecting upward trend continuation ETC is ready for another run on the Stoch

Milky_Udders

not 100% sure this is a true bullish pennant, but we have a breakout 'flagpole' and a sequence of higher lows. Not sure why it just seems insanely bullish to me. RSI strong and divergent on the 4hr. Trendline of resistance turned support. We have just flipped 0.04} Comments welcome *** I am not a professional ***

Milky_Udders

It seems realistic to me that we will come down to test support before making a measured move up

Milky_Udders

I am still not convinced Other traders have drawn this same pattern with a big up arrow coming out the top... it is a bearish pattern

Milky_Udders

These two events look similar to me, an short, impulsive rally followed by a an IHS, people calling 'the bottom' when we have not had nearly enough time for distribution / accumulation. I believe bears are still in control.

Milky_Udders

Reversal Pattern Short term: Blue rectangle = supply zone Have to break 7450 according to historical support / resistance, come back and test support Wait for breakout *** I am merely a speculator ***

Milky_Udders

Strong support at $250. Everyone who was going to exit BCH did so at the fork, the only sellers remaining are panic sellers who bought in March/April and onwards. BCH has gone through a continual downtrend since inception before hitting rock bottom. There are no weak hands left to shake out!! Here we are touching the primary trend line and uptrend to...

Milky_Udders

One of crypto's oldest coins acting as a flea on the LTC network. Wide circulation and media exposure and support from Ledger and various online services. Demand zone is lower at 15 - 20 sat, but DOGE along with most other alts are already heavily oversold because people are emptying their DOGE wallets to exit to BTC while it's still above 10K. BTC has failed...