frogwraps

frogwraps

Watch for the breakout of the top pennant and thei will tell you if it's to late to get in on the ride here. Breakout and move was last last night motivated by the Korean market.

frogwraps

CONTINUE WATCHING THIS CHANNEL. Triple top then off to the bottom triple bottom then back to the top follow this play until you see signals to the contrary. Sell at the Top Buy at the bottom of the channel with a stop at bottom of the chanel trailing the channel s you move up. Also a ascending W

frogwraps Updated 

After Ascending wedge breakout and channel formation. Etherium slowly gaining momentum went to the top of the channel. You saw it bounce off of the resistance line three times (triple top sell signal) and then make a sharp dive to the bottom of the channel. Once it reached the bottom of the channel and reversed, you saw it turn around sharply and then make a small...

frogwraps

There is a head and shoulders pattern at the top here. A Break to the lower level of the right shoulder also followed by a rounded topping and now two clear channel top and double bottoms. Based on fib from the original fib breakout in the beginning of november I see a correction to around 12000...

frogwraps Updated 

OK, after a long term ascending triangle followed with the Breakout, we watch the breakout occur and then we wait for a slight pull back in order to get into the market to indicate the direction. Now as you watch the chart, you can see the ascending channel form since November 6th and as the breakout occurred. We've been in an upward channel but recently the...

frogwraps Updated 

Followed with a upward channel with support and resistance in the channel set clearly stay long as long as this pattern persists.

frogwraps

This is the most clearly defined channel I have ever seen as bitcoin goes to the top, corrects back to the bottom, and stays in the channel. We are possibly seeing BREAKOUT TO THE UPSIDE OF THE CHANNEL with the news of the Chicago.(Buy on the rumor, sell on the news) So watch for a correction here or new pattern emerge. Good trading

frogwraps Updated 

I'm new to posting my ideas here. However, after watching the market for quite a while, I believe that simplicity in this market is the best indicator. Keep It Simple, using simple pattern formations like 'Head and Shoulders,' Pennants, Wedges, and Channels will help to determine which direction the market is going from big scale to small scale, depending on...

frogwraps Updated 

After bouncing of the top of the channel and reaching the top of the Fib. graph we get expected correction and bounce off of the channel bottom . Along with the Fib retrenchment reached this looks like a good spot to get in here and go long. good luck

frogwraps Updated 

Chanel bottom indicates a buy here. After bouncing off of the channel top and correcting we are bouncing off the bottom here with a good place to get in and go long. with no consolidation at the top or reversal signal.

frogwraps

After nailing the breakout of an ascending triangle and an upward channel, it appears that we are starting to get the parameters of the channel here. Let's see if it continues to form with the instability of bitcoin and the opening of etherium in North Korea. Etherium and litecoin both broke out of ascending triangles as bitcoin stagnated.

frogwraps

Looks like we are getting a breakout of a long term wedge pattern also known as a ascending triangle or pennant with a break out of an upward channel. I am new to this so if my descriptions are not right please correct me. But I see a new long opertunity.