I made this chart about 5 years ago using a method called web trend analysis. The levels have been astonishingly accurate.
Saw this possibility unfolding at the end of the current range. Retesting both Highs and Lows of this range. Possibly seeing a high of 42k with a retracement back to previous supports shortly after. Strong trendline in the middle of the fall that BTC might catch a finger on for a minute but the fall should continue close to the previous low of the range, around...
Keep an eye on this. If we break the neckline it can be an easy way to make 10% on your trade. Remember, wait until the breakout is confirmed to make your trades and set proper stoploss to protect yourself. I am not a professional and these thoughts are just my opinion.
I noticed a possible inverse cup and handle starting back in January. A cup and handle pattern is usually a strong indicator of an impending rise in value after a slight retracement, whereas the inverse tells us that the opposite, or a drop in value will occur. We have just entered into the handle retracement and may reach as high as 44k with a deep pullback...
It's the same chart I've posted a few times now, just more artistically inspired. Everything is pointing eth to 3200 Moonshot incoming
Ethereum has been dancing around in this ascending triangle pattern providing great opportunity for increasing positions and taking profits. In the past 45 minutes we have broken the top trendline and have retested 4 times before the last pump. I think its a good time to hold and see what the next 4hr candle brings
I noticed a very strong rising wedge in the charts and decided to start scalping this morning with an entry around 2160 the first time. I have been selling at the tops and making some quick money to capitalize on the market downturn, but eth is looking very bullish to me so I may stop scalping and hold once we get closer to the tip of the wedge. I can see the...
BTC has been very bearish as of late and if has been following this chart I made yesterday at about 3pm PST. slight deviations on lesser intervals, 15,5 and 1 minute, but other than that it has been tracking well. I placed trend lines following the energy of the two previous flags on that upward trend and they converged around 33k at the tip. following similar...
I charted this about a week ago. I intended to follow energies with the triangles and found their intersections on the downward slope to be a little kooky at first. I added the stair pattern after the second peak on the downslope , copied the lines and pasted them in mirror , ie 1 2 3 4 4 3 2 1, and everything lined up really well. Now you will notice that for...
I see BTC taking a dive shortly, unfortunately for some its going to break that 55k support and I think drop down to about 54k. Head and shoulders followed by a bear trap on the back side.
Looking back through the history of BTC I noticed this pattern a few times. Head and shoulder usually signifies a drop in support with a run up following the drop in price, if I'm not mistaken.
Bearish trend on BTC on the 3 hour chart
OXT/USD on the 3 hour chart is showing a huge 7 month teacup and handle. I think based on this and the fact that it has been laying solid supports all the way up this past arc, that we are going to see a breakout blowing through the .70, .80. and .90 resistance bands and land near a dollar, conservatively.