One of my favorite patterns to play is a bullish domino patter, bullish day followed by two bearish "inside" days (within the price of the bullish day)
followed by a daily bullish close.
Typically when I see this patter it is followed by continued upside. The break of the cup and handle and inverse Head and Shoulders signifies higher prices ahead.
I don't know if this is something widely written about, but I call this the Domino Pattern. A long bullish bar followed up two smaller red bars, followed by another long bullish bar. This is a signal to go long and is a continuation pattern. If you scroll back in time and follow the various patterns on the chart, you will find this domino pattern before rising...
It looks to me like the lid is about to blow off the top of ethereum. Ascending traingle forming at the ATH. The selling pressure seems to be less and less every time ETH gets about $1400.
In typical fasion, BTC has pumped very quickly and will dwindle back down to earth in the $15k area. Our minds want to believe that there is some kind of magical support occurring at $30k, $25k, but the fact is the price never spent any kind of significant time at any of these levels. I'm not going to accumulate at $30k, but will begin buying again when the...
