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I mean, for all I know, Arthur picked $50K because it was a round number and major psychological barrier. Nonetheless, I see a ton of people saying "it's impossible". Those people either weren't around last year, forgot we pumped $10k in 10 days, or are just regurgitating meme-laden bullshit from discord and may very well be retarded. Either way, $50K is totally ...
Let me start by saying that ETH/BTC has had it's ATH and if it goes over .15btc again, crypto died and you're wasting your time. Inflationary model the inflationary model and ICO's cannibalizing the ecosystem are going to be ethereum's downfall. With luck, it'll only kill eth and not the entire crypto ecosystem. tl;dr ETH is a sh!tcoin. Deal with it. Also, if ...
Let me be clear, by no means am I bullish on ETH's BTC value. Between the inflationary model and ICO's cannibalizing the ecosystem, I'd say this chart is a dream scenario for anyone that bought ETH in the past 6 months and fell for the "HODL" meme. Honestly, there isn't a single scenario in which I see ETH going back over .1, and I don't honestly think this is ...
Epic run bro's... Epic run. We're not done yet and what better way to stick it to wall street than by letting them get rekt on longs. Meantime, altcoin super-moon.
Honey Badger's got no chill. All there is to it. That being said, this is a total moonboy chart.
1) They didn't get ridiculous like stamp and dax 0.83% so they could fill the channel to $20K. Not sure how much sense that makes.
2) They could take their time and make a nice, extended 4th leg and hit $21.5K.
3) They could make btc -3.33% only folks' Christmas while killing the dreams of altcoiners, but as an added bonus, would likely induce @bitfinexed into ...
Well, if you saw my moonwalk chart, which you probably didn't till now, you're probably thinking this just keeps going. Well... it does. $80K-$90K by late may early June I'm guessing, but in the immediate future, I'd say it's correction time and this is where I can see us landing, while maintaining upward momentum. BITFINEX:BTCUSD
ARK is one of the coins I've loved so far. Hopefully it stays on trend and starts upwards around or before the new year. Staggering buys just in case.
I've wanted to test fib spirals out for awhile but just recently figured out which settings to use to make the drawings scale with the chart. Amazingly, this lines up with the fibs from the where this drive began. By no means do I think we're going to a bear market, but I think we can ALL agree that a FULL correction is badly needed.
Lets be honest, bitcoin's been on a run all year and why would that stop right now. After looking at the timelines of a couple altcoin charts, I'd say it's reasonable to think that the altcoin rally won't start until the beginning of next year. I keep hearing that we're in "wave 5" overall, but I have zero interest in charting that out. I will say that after more ...
Been big days for a bunch of people margin trading BTC. For others, it's been rektopia. While it's chopping, it may make sense to stay out until it's clear what btc's doing. The arrows indicate future movements I can see btc taking but I wouldn't go long or short unless you know exactly what it's going to here in no man's land. Best of luck
Ooooooweeeee! Dry those tears for having missed long opportunities and range trading. Honey Badger is BACK! It's amazing how fib extensions line up so closely to previous fib extensions. I have this going to 5.236, which is actually withing a few dollars of the 2.618 fib extension from the previous ATH at 5K and its impending bottom at 5K. As usual, I'm sure that ...
Lost momentum at $4943 and struggling to get back up. Sitting this one out after taking a loss, but leaning towards this scenario. It seems like the market is having a ton of trouble justifying buying and it will only get worse as the holidays get closer.
Some will call this bearish, some will say optimistic and for all I know, it's completely wrong, but the constant shilling of shitcoin and whining from the "hodlers" combined with current pace makes me think this may be a better setup than my original "worst-case" scenario. It's pretty much the same as the one that's played out pretty much to scale that I posted ...
I based this on a couple factors albeit I'm less confident in this than another "idea". I'll publish that later.
Explanation says it all. Here's what I see ETHUSD doing providing it double bottoms on short-term support.
Here's where I see Ethereum going over the next month. The exception being if reversal comes ~$200 forming a double bottom rather than the Inverse Head and Shoulders. Right now that pattern is reserved for the permabulls. Either way, I see psychological pullback around $400 and $500. If it ends up in a double bottom, I'll update