Assumptions: (1) Fibs are key to the analysis of Corn (2) Log scale charts are not a meme (3) Yashoe is ghey Execution: Four over-imposed fib channels; great hopium lines for scalping but also some HTF prediction type beat. Conclusion: 17 keks by 7 September 2020. gg's.
Etherum seems to be distributing after a very strong move up - following corn. We're headed for UT and UTAD test. Only safe play here is to short the sweep of the highs. This distribution scheme isn't as clear on the Bitcoin chart. Do keep that in mind! Good luck.
This is a meme but it does work sometimes. Bitcoin failed to find acceptance above 0.786 fib level. Seems to be painting a h&s. The measured move would bring us to 7.9 keks which is coincidentally our closest POB and 0.618 fib. This would be healthy, bullish selling. You shouldn't enter a position until the right shoulder forms! I have placed a trade since I...