Bitcoin has been respecting the same trend line on logarithmic scale ever since the 2013 crash. Since then, there have been plenty of bubbles that start in the bottom half of the trend line and bounce off of the top half of the trend line. The one starting in April is no different. It bounced perfectly off of the top of the logarithmic trend line and is...
Ethereum had several chances to have a bullish continuation of the last dump but failed all of them (as you can see in my other chart that was bullish on Ethereum). Now, it had 2 pennants and a medium term pitchfork - all of which have been broken downwards. We could potentially see Ethereum plunge straight through the 200s now. Entry - $275-325 Target -...
Siacoin has been in a pitchfork (log scale) since the first pump starting on May 18. It has formed two pennants since then and the first one broke out very similarly to the initial pump. I'm watching SC closely to see if the pattern will repeat for a third pump. Entry - 550-650 Target - 750 Good luck!
Last time around, we saw a dump of over 40% after Ethereum reached all time highs. We just saw Ethereum pump to $420 USD shortly before dumping to a low of $253. After putting the chart on a logarithmic scale, we can see that this dump compared is extremely similar to the last one. Everything down to the candle order and dip levels were completely on point....
STR has been in a bull pennant for quite some time. It's time for Apollo 11!