FerroIgnique

ETH validates all of my Biases.

Long
KRAKEN:ETHUSD   Ethereum / U.S. Dollar
213 views
8
Hello Journal and fellow traders.
Methinks that ETH is showing signs of continuing this uptrend, for a significant amount of time and increase percentage. Please attend the two ascending triangles. The fuchsia on the right was drawn about a week ago as I set up this trade posts linked below. The one in purple on the right is from today's analysis.The purple triangle took 161 days to break up and when it did it went up over 300% in 2mo. While not in the chart for viewing ease, the fuchsia resistance line is 49-56 days on the weekly, I am of the mind that we will go greater than than 300% because of the 686 days we spent stuck under 330, which we haven't actually broke through yet.

Other chart to view that validate my biases: I love GooOOooOOOooLD! This chat very clearly shows what happens when an asset breaks up out of lengthy consolidation and with rising support. Moreover, as Gold breaks above this 1900 level it may cup and handle , or iH&S, or just pump in pure deflationary fear as in the late aughts and early 10's.

Also, Press S to spit on XRP.

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