Levitikon

Levitikon

Depending on if you choose to connect the trend line to the body or the wick of the 1/29/2017 candle, would change whether we broke through or reached the trend line. It seems to me that choosing the wick is consistent because the beginning of the trend line is connected to the wick of the 1/13/2017 candle. Something to think about.

Levitikon

So I was interested in knowing how ETHUSD might move down from current price, such as potential support levels and possible reactions & reversals zones. I got to looking at the 2 major peaks last year in June and September that current price was major resistance to and it seems likely that IF ETHUSD continues to fall, it could react somewhat similarly. So I copied...

Levitikon

I could be drawing these totally wrong, but I'm struggling with what appears 4 patterns that point in both directions. On one hand, there appears to be 1) an almost completed inverse head and shoulders pattern or cup and handle pattern (in brown) with a target of $475 inside 2) a larger bearish flag (in black) with a target of $295 with 3) a smaller bullish...

Levitikon

Trade carefully my friends

Levitikon

This is a follow up to my earlier chart about the massive H&S pattern on the ETH Daily, but this includes a smaller 4-hour H&S pattern, for which it's target would complete the right shoulder of the larger pattern. Traders beware.

Levitikon

I don't know what I think about this other than it's very interesting.. I'm a huge fan of ETH and am very confident it's going to be huge, but if this pattern completes and plays out like a traditional H&S pattern, a new all time low could be seen.

Levitikon

Which side will it break out to? Drum roll please...

Levitikon

I'm a firm believer that history repeats itself, especially in finance. And IF (That is a huge IF) Bitcoin continues to play out like the Dot-com bubble ~1998-2002, then here is a forecast that is based on moves of the Nasdaq from an anchor point of where Bitcoin might be relative to Nasdaq at the time. Step 1. Draw out a handful of vertical guide-lines to align...

Levitikon

I'm a firm believer that history repeats itself, especially in finance. And IF (That is a huge IF) Bitcoin continues to play out like the Dot-com bubble ~1998-2002, then here are a couple forecasts that are based on percentage based moves of the Nasdaq from 2 possible anchor points of where Bitcoin might be relative to Nasdaq at the time. It is hard to tell, but...

Levitikon

My first post. Feedback welcome.