mwinmill

mwinmill

The current price action over the last few months seems to be following a similar structure to 2019. Although history doesn't repeat, it often rhymes. Thoughts?

mwinmill

Rejected on weekly RSI support so far. This doesn't mean bitcoin can't range for a while, but this is a strong indication more time is needed to continue moving up.

mwinmill

It seems the altcoin market is waiting in the wings for the next Bitcoin move. The altcoins seem to give some hint at the timing of the next move up. CRV seems to be printing a smaller fractal of the previous leg up from earlier in the year. Assuming this plays out, we should be looking at an end of the year/early next year move up. The buy zone for me is $3.00 - $.3.30

mwinmill

Bitcoin over the past year has taken a much needed breather after it's rocketshit push upward after breaking the ~19K resistence. It seems to be consolidating. History doesn't repeat itself but it does rhyme. Here is what I see playing out over the next few months:

mwinmill

Based on the chart pattern, do you think we go up from here or dip below before continuing upward?

mwinmill

What if this is how this cycle plays out? Sometimes all you need is just a couple lines to see the forest for the trees. BITSTAMP:BTCUSD

mwinmill

XRP has been in limbo for some time. FUD and trouble with the FEC has caused uncertainty in the future of XRP. Investors in the US have had the wind taken out of their sails. An idiotic government that doesn't understand the cryptocurrency space is largely to blame. However, the chart doesn't lie. XRP is coiling up and consolidating in a range. Once this is...

mwinmill

Phoenix rising from the ashes?

mwinmill

$GVT looking good here. The price is close to the consolidation trend line, it’s showing strong bullish divergence on the weekly timeframe and the mother of all inverted head and shoulders pattern.

mwinmill

Bitcoin has had a meteoric rise from the ashes this year. It tanked hard with the Corona dump, but has since then had amazing move after amazing move. The most recent move however has pushed bitcoin well into oversold territory. The FOMO so far has kept it from dumping in any meaningful way over the last couple months. Sure we had a double digit pullback recently,...

mwinmill

Ripple (XRP) has had a very long consolidation period. It's taken a lot of patience for finding just the right buying opportunity. However, if you look at the Poloniex chart, there's enough past information to clearly see the pattern that XRP is making against bitcoin. The bull run that Bitcoin started in March of 2017 has effected the price for the last 3 1/2...

mwinmill

I'm sure if you're reading this, you either hold raven, or you've been watching it's chart, wondering when this down trend is going to end. Well, it seems it's close to the end of its formation. Will it happen? The chart looks good, and if history repeats itself, it could be in for some really nice gains. It's currently oversold on the daily, and very oversold on...

mwinmill

I'll be honest, $Matic has one of the weirdest, ugliest charts I've seen. There, I said it.

mwinmill

$CRV has had a particularly brutal life up to this point. Buyers have lost quite a bit betting on this coin. Altcoins are a gamble and being wrong about your entry is particularly unforgiving compared to more generic assets. However, if you pay attention to the patterns, ignore the FOMO and look for trends, the picture becomes more clear. In this case, we seem to...

mwinmill

$GVT has been forming a clear descending triangle pattern. Look for a long entry once GVT breaks to the upside.

mwinmill

SXP has seen a pull back over the last few days. As Bitcoin remains volatile, altcoins will continue to bleed. If Bitcoin sees a strong pull back, say goodbye to altseason. Look for SXP to find support in the ~14000 sats area.

mwinmill

This chart looks ugly. I won't consider a long until this coin shows more data for Supports and resistance. Right now it looks like it could fall out of the sky.

mwinmill

It looks like the Dow Jones TVC:DJI has been losing steam over the last few weeks. It looks like it's primed for a pullback. There is a gap to fill. I suspect it will fill it before reaching a new all time high.