lazytrade

lazytrade Updated 

I literally have my money on crashola, but I do believe in the power of Bitcoin as well as network effect. Metcalfe's law says BTC is way over-valued, but hey.. it's the Internet! See you on one side or the other!

lazytrade Updated 

100 MA has just slapped BTC right in the teeth as it cracked the top of the pennant. Will it make it to the 200 MA? It's also converging with the Gann fan 1/1 S&R line set at the pinnacle of BTC price. The MACD has also crossed on the 1 hour, heading for a 4 hour cross. It's gonna be brutal. 20/50/100/200 MAs. Right now BTC is meeting Mr. 100 and not far to...

lazytrade Updated 

It's a battle! MAs vs massive downtrend, who will win? We should know very soon!

lazytrade Updated 

XRP is going to new to close out above the 200 MA straight through till Tuesday if this bull is going to run. Honestly, not gonna happen. Poor Ripple. <3

lazytrade

It's kind of late in the week for a mad bull run to blow through all the resistance, so I anticipate this week's slow side track to pop pretty hard. That said, it is obvious that an amazing array supports and resistances are converging no matter how you chart ETH & BTC. Whichever way it is about to go.. it's going to go hard. I'm still pessimistic about chances...

lazytrade Updated 

Approaching a short term resistance.. which will match up with a big BTC & ETH drop. Setting a tight stop loss in case NK decides to dump their other coins into Monero. :)

lazytrade Updated 

Doubtful..a convergence of negativity is happening.

lazytrade

Worse than I thought on the 1D & lower charts. Yikes.

lazytrade Updated 

I think I've got them pretty dialed in to be more anticipatory than reactive. :D Use at your own risk.

lazytrade

Along with everything else...

lazytrade Updated 

Going down to sub-450 before any big bumps..imo.

lazytrade Updated 

Interesting pattern on the 4H.. will there be a brief reversal this afternoon before night traders beat it up? Or have the day traders had enough hucking & hoping?

lazytrade Updated 

About to hit the resistance...doubt that we are going to pop up into the next channel since we are at the tapering end of a false bull flag on the short charts.

lazytrade Updated 

Channel is getting a bit wide but it's reaching for the resistance..highly doubtful that it will break through. Pretty much the same setup as my ETH chart a few minutes ago, but left this one in log scale. Currently at the end of a false bull flag in the short charts, I call this sideways death cycle "flopping around like a fish out of water".

lazytrade Updated 

The yellow line shows the bull flag tops equaling out..proof is in the pudding..will it be a true bull flag or a falsey?

lazytrade Updated 

Just about to hit my Gann fan trendline, is it going to ride it or pop it??

lazytrade Updated 

Against the concrete ceiling.