klanedroid

klanedroid

BTCUSD looks like an inverse head-and-shoulders, leading to sequential bull pennants... she may be getting ahead of herself. I drew that purple parallelogram when BTCUSD was breaking out of the downchannel 2/3 and I'm not saying it's a safe target or even a good thing necessarily because of other factors but... it looks like it might COULD hit the tail end of it....

klanedroid

Red Downchannel - #3/3 Orange Downchannel - #2/3 White Downchannel - #1/3 Blue Rectangles - Downchannel escapes (#1 failed, #2 and #3 successful) Green Upchannels - Unreasonably bullish in context Blue Upchannel - "Reasonably" bullish in context Yellow line - "we have a situation" zone Red line - "WE HAVE A PROBLEM" zone Purple Parallelogram - A dangerously...

klanedroid

While BTC leads alts around by the nose, some decline in SCBTC is expected, and this latest dip warrants analysis. RSI on this timeframe shows bearish divergence since December, intensifying across the last month, with some bullish divergence from the bottom end as "knife-catchers" get more confident. *IF* the current dip is actually a jaunt down the next channel...

klanedroid

Working away from 3 increasingly steep downchannels. Downchannel escapes are the blue rectangles. There was a failed escape from the steepest (red) downchannel, followed by a successful escape. The failed exit belies bullish exuberance and that upchannel may hold some future price targets. The successful exit gives away the support zone (lower yellow line) that...

klanedroid

BTCUSD backtesting (Blue squares) looks like the steepest downchannel (red) had a failed exit, followed by successful exit. A strong rejection of the downchannel 2/3 (pictured in orange) but with weak momentum based on volume, indicating some low-bought profit taking and an underlying decrease in bearishness (my opinion). With more favorable news cycles or mild...

klanedroid Updated 

Just putting this out there as I see more and more panicky posts. CHART EXPLANATION- The 3 downchannels drawn correlate to levels of loss of confidence. Downchannel 1 is in white is from December's top and has the longest shadow. Downchannel 2 is in orange from the big drop in mid-January, anchored by the amount of time spent ~15k Downchannel 3 is in red from...

klanedroid

All my charts are at least anecdotal gambits, if not outright gambles. Green is bullish, white is greedy, red is BEARISH. I wait, I watch, I learn to follow my gut and watch my indicators. *Not a Professional*DYOR*Take your own advice* -A mantra for myself, really. Good luck out there.

klanedroid Updated 

OBVIOUSLY NOT A PROFESSIONAL The green triangles are where I anticipate feeling comfortable buying, the red triangles where I anticipate feeling comfortable selling. The red parallelogram is where I'd tap out to fiat (god I hope not). The orange triangle is Charlie "I cut the brakes, bitches" Wildcard territory. RSI values overlapping the green triangle in...

klanedroid

- NOT ADVICE - Just Prediction Green represents where I anticipate being comfortable buying, White is a greedy spot to buy/hodl, and Red is where I'd be more comfortable selling. Orange is my fun zone, the buckle up and hodl zone, the Charlie "I cut the brakes, bitches!" Wildcard zone. The euphoric highs of December bring many to predict very low bottoms (5k,...

klanedroid

STILL NOT A PROFESSIONAL Cardano is a fun chart to watch. I know it's all promises more than product at the moment- but the team seems to have a good head on its shoulders, with interesting fundamental and approach and I get the impression that they can deliver *SO I'M BULLISH OVERALL* Green Triangles are good buy zones, white is greedy, and red is toast....