BillNyeGaveMeLSD

BillNyeGaveMeLSD Updated 

Unless the market is much more bearish than anticipated, I think we've reached the bottom of this correct. Bullish candle and ~20% correction is complete.

BillNyeGaveMeLSD

Based on 16k correction, ETH may go up while BTC goes down. Either way, once BTC reverses back towards an uptrend, ETH starts an aggressive upswing.

BillNyeGaveMeLSD

Based on other large dumps, expect -20% to -25% in 24 to 48 hours.

BillNyeGaveMeLSD

Hammer candle on an upslope seems to coincide with coming very close to a reversal.

BillNyeGaveMeLSD Updated 

Based on a similar set up on 11-17-2017 to 11-20-2017. There was a big dump, followed by a big climb, followed by a double bottom. After the second bottom, it took about 3 days to climb 10%.

BillNyeGaveMeLSD Updated 

Once we reject from 10k, I think we will correct all the way to CME futures gap at 7.2k. Based on historical rejections, this might take anywhere from 2-14 days.

BillNyeGaveMeLSD

What it would look like if the 2017 peak above 11k was brought to the present.

BillNyeGaveMeLSD

Bollinger Band width bottomed, spike in volume.

BillNyeGaveMeLSD

To learn more about NVT, read the first result on Google for "NVT signal". NVT indicator shows BTC is overheated. It has not broken the support line yet, so we haven't found the top. But it definitely seems to be incoming.