I think we will go higher, but this makes sense as an area to meet resistance and perhaps have a temporary double top/retrace
Copied a fractal from summer 2020 and scaled it up. Matches well, due to take off just after Christmas if it repeats
I'm holding some cash aside as I've been waiting for a 40% dip as in winter 2016, but so far the fractal here is pretty striking, so I will continue to dollar cost average in if the fractal holds
Fractal is taken from initial few weeks of trading on the new token
Been looking for gold to retest the horizontal line for a long time, I think we'll see false breakout on the lower side of the wedge, then real breakout up
This might just mean BTC taking a massive correction, but I think some of the money will flow into ETH
I tried copying some DXY data from around the dot com crash to see how it compares to the current market. Hoping for more DXY weakness since that will mean appreciating assets
Anytime LTC reached close to this line since March has been a good time to buy BTC, ETH and LTC. I think that's probably true again just now.
If we have a selloff before or after the ETH 2.0 release, current long term support looks around $220. ETH/BTC looks like it is in for a further correction, and charting this curve validated the idea for me, as BTC is much closer to its long term support curve and so has less downside potential
Bitcoin has broken out of a triangle vs gold, currently retesting
This is an update of the curve I did a few months ago. I realised if you ignore the black swan event caused by Corona you get a much neater trendline, and it indicates that the next correction will get to 10k
I tried checking if xDAI has already topped out, turns out it might just be getting started
Adjusted scaling/timing again on this fractal after the big drop we just had
This was just for fun, I was trying to check if DOT has topped, but behaviour still looks bullish so far
Another fractal pattern - I've been wondering if this one will repeat at a steeper angle, however it matches the resistance lines pretty well