See the fibs and curved trends that received a ban message when posted.
It is often the case that curved trends show up in the price. They may be used alongside regular trends or waves.
Why ask others for predictions? The prices tell us where they are going, and if they deviate significantly from the pattern they have established, consider it a breakout.
Something strange and contrarian is happening this week. Those who time the market will notice times when the graph timing "flips" and the expected peaks become valleys. Usually, these are major trend reversals. On the 11th-12th, markets have been going long, but in mid-January, they shorted instead (circled). Unless there is a re-reversal, prices could form an...
Ripple is a big loser shaking out at the neckline. Meanwhile, a downward wedge is appearing on the 2h. If support holds, it will likely rebound to 1.618. With everyone saying it's going to crash, consider a partial, contrarian long here with a stop loss, and maybe adding to position with a stop-buy.
Bitcoin made a decent rise today to just over 17K at this writing, but widening divergence on RSI and custom range indicators make it look like it's still in a sideways range pattern. It just completed a major move, and if it does not close much higher today, the highs will line up suspiciously at the same angle (logarithmic) as the highs during the 2013-2014's...
Where Chimbot said to sell has become a new entry point/support range after December's bear fail, short-covering markup, and Christmas sale. We wouldn't bet the entire mortgage on BTC, but it would make a nice gift for someone special, and at a reduced price. Just polish off the thumbprints and sales stickers.
Early bullish alert here. The thing about early alerts is price will probably drop 50% or more before this breakout/reversal develops, but we thought it wouldn't hurt to add a couple of these to the portfolio for the long term.
As ridiculous as it seems, there may be hope for bears yet, if the Harry Potter, er, Bear-y Potter pattern holds up. Volume has been steadily decreasing on the 3-day bars. If new buyers don't show up soon, Bear-y will be casting spells to defeat Hold-a-mort and scoop up his coins around the 180 and 360 day moving average. Expeliamus!
Short-term strategy to play with during manipulation phase. Remember "market impact" usually moves the market against the trader, depending on liquidity: trader.wikia.com
As always, backtest and tune those indicators!