kbasch

kbasch

So something to monitor would be a close above the downtrend (non-log) trendline. Thats my first indicator for reversal here. Next there are 2 other options in my mind. Firstly, There is support/resistance at 7700, will we stay above this now with the run up? Monitor this line for farther support testing. Next support/resist below this is the 7175 range, so be on...

kbasch

Huge bullflag forming? It reacts very violently at the bottom of the flag, so its worth monitoring for a change in trend in the coming weeks.

kbasch

Lately more and more people are getting stopped out, right before the larger volume spikes. If you don't believe that go look through twitter over the last month, seems like everyone in the market has tweeted out that they had been stopped out at lease once, many right at these bounces. It seems people aren't quite grasping whats going on with the markets right...

kbasch

7175 was $BTCs last support that it just blew through... This range overnight became a resistance. Next up is 6K

kbasch

There seems to be support below. Thats about all the good news I can offer. And that longer term trendline is approacing fast.

kbasch

So 3 weeks ago, I posted a chart of BTC making what I thought at the time was a Inverse H&S that was set to make a break of the current downtrend. Obviously this did not happen and it got rejected harshly (see Denied bubble lol). But I was looking again today and this scenario could actually come into play, but just later than I had expected in that chart from Feb...

kbasch

Sitting on a long term support right now with that mini bounce, you can see some shorter term wedges come into play. Hopefully we see it use this support line to help with the descending wedge that has formed. $BTC is super choppy, and a decent day trade right now if you can tolerate it. very swingy. set it and forget it dont watch and sweat it, because it will...

kbasch

So far so good on BTC abiding by this wedge.

kbasch

This puts a new level of meaning to the term "misery index"

kbasch

$ZRX making a break upwards out of its medium term downward channel. DYOR and Good luck out there, hope you all didnt sell the bottom.

kbasch

Seems as if this falling wedge is approaching an old support line that was used as a trampoline for the first bounce. This project being 66% off the ATH is quite interesting because only the price has changed. Not the project. DYOR, and GL out there, its been rough.

kbasch

$BTC should be closely monitored today. The daily chart shows green skies. But looking closer at the shorter time frames we can see reduced volume, a notable rising wedge, and a test of a resistance trendline. If it breaks upwards, I believe the clean break upward is unlikely at current volume. More likely is a small break, retest of the trendline, accumulation...

kbasch

Worth a watch.

kbasch

Same as prior chart

kbasch

If bullflag breaks out and past the downtrend resistance, wave goodbye to $BTC as it will be boarding a rocket to the moon. In all seriousness, this looks about as bullish as you can get on a chart. GL, DYOR. Happy trading out there. Not financial advice, just a noob with tradingview drawing things about things that may or may not work out

kbasch

If BTC stays mellow for the next day (a large if, no doubt). Then this looks to be a formed bullflag with $ETC, and we currently sit right near the support level. Last ditch effort before the airdrop. Also note that this is completely different from the ZCL airdrop, ZCL was going to die after due to all the devs leaving the project. This is a totally different...

kbasch

The similarities are striking for certain here on $BTC. And let me lead with im not a fan of H&S patterns, simply because people try to draw them on EVERYTHING when they aren't actually there. However, this one seems very much for real, and the upside it creates for $BTC is massive. Will be diligently monitoring this going forward. Not advise, not a expert, just...

kbasch

I could care less about $BCH, but its sitting on a support, while getting pinched from a downtrend line. Just something to monitor