cryptoneto

cryptoneto Updated 

Wishful thinking?

cryptoneto Updated 

How to read the graph: First point of interest here are the dotted lines. They are all made by connecting 2 or more points of interest represented by circles. We are extending them infinitely to create potential supports/resistances and our next triangles. The Red dotted lines give us our first triangle and allow us to identify the first breakout. Giving a buy...

cryptoneto Updated 

There is a lot going on at the same time. BTC futures disrupting everything we know about crypto so far, major bear channel, potential bull channels. Major supports and resistances being tested, etc. With all the uncertainty, I'm looking for 2 things: 1- consolidation. would be nice to see consolidation in an ascending triangle towards the testing of an...

cryptoneto Updated 

Buying Stage 1 in the black channel. If the bulls get back to work, we may never see the blue channel. Buying Stage 2 in the blue channel. If the bears keep strong, then the bulls should take over again in the blue channel. Once the uptrend stabilizes in one on the channels, we should nicely ride north This is just my opinion, not investment advice.

cryptoneto Updated 

If it breaks the uptrend channel, we could be getting another 5 waves down. Next major support in the 8k-9k area. Question is if its the 3rd wave (like I have it here) or the 5th wave that will be the hitting this support. If it's the 3rd wave, then we can potentially see trading channel bottom again or bottom support at around 5k...