Anarchytrader

Anarchytrader

I have been reading up on pitchforks and have published this idea so as to get any input from the professionals. Is this a proper use of a pitchfork? What I get from this is Bitcoin is trading in a range so far. I would be cautious about it crossing any of the lines as it either bumps up to it and changes or makes a drastic dive up or down. I would welcome any...

Anarchytrader

This is a nice movement upwards for ETH, BUT if you look at a daily chart it is just a minor move, that might be part of a higher high. On top of that it was made when bitcoin was making a all time high. So will ETH move higher, or will it go home and cry into a bucket of ice cream? I will leave the more technical analysis to the actual Pro's. This is just my...

Anarchytrader

This chart is a little confusing at first. Each colored pair of lines represent each correction. If you draw Fibonacci retracement between the pairs, the black pair is the first, green the second and blue third. Each correction only makes it to the 38.2 line of the previous correction. The red pair marks a possible scenario for a fourth correction, with the...

Anarchytrader

I say July 1 is the end of this roller coaster with a price of 160. If RSI continues on this path it will be the first time in a very long time that it enters a over sold condition. Oh well just my .0001 ETH 4 hour chart