For now here's the chart will try to write out what im seeing tomorrow, im tired lol. Martin Trendline confirms my bearish out look for the time being probably through next week. Waiting for a nice V bounce From around 5500/5800 could be either but i think 55 even 5200 may be where we see the beautiful V Reversal we all love. If we dont see a strong V reversal i...
This is a better picture of the short term idk why i had it so zoomed out, still figuring TV out.
Got a bearish flag on the OBV. With all the bullish flags being invalidated it makes me think the bearish flags will be validated. This chart is mostly just some points and patterns I found of interest. Not Really sure what to make of it all, what do you guys think? What patterns do you see?
Seems to have formed a big ascending triangle, similar to a pattern from a week or so ago. Volume seems to generally have gone down or stayed the same, with the price going up just seems like another push up before another wave down to 6900 maybe 64-6500.
So I saw the same thing happen a couple days ago with Bitcoin that's happening today with Ethereum. It appears that ethereum is following a trend set before the break up and subsequent fall. Will post the BTC chart to illustrate what I'm talking about. This seems to be the case in a couple different periods in the market, where bitcoin would make it's fall or...
Posting for the comparison to ETHUSD.
Looks like Mithril is moving back into bullish mode breaking the mid term resistance and setting higher highs and lower lows in the short term. Drew a coupe line to illustrate what I believe is called a rising wedge. I'm new to this so any help is appreciated. I entered Mithril back when it listed on Bithumb around April 16th, price in USD was $0.67. Rode the...
For the short term bullish trend we're seeing, I think this trend line holds some significance. Really just trying to get a feel for how to use this robust software. I'm thinking the bottom of the price action will be stopped by this line up to around $600 at which point I believe we'll see a continuation of the bearish trend back to the $380-$410 area. Really...