I see this - broke the channel down (blue) - formed a triangle but could not fall out (yellow) - able to stay above the yellow trend line (yellow) - started forming a flat range (white) - $200 - is round number ("Did you buy Ether when it was below 200? - Of course I did...") - I doubt it will go below $100 - another round number - it follows BTC now with...
-I see 2 possible ranges for consolidations -The market is waiting for ETF news.
- its highly probable that 700-770 resistance rejects and BCH reveres and goes down to 370 by the end of September - I will look l for an entry for SHORT above $700
Bitcoin is at intersection and have to choose one of three roads ... I think it will be second one - in pink.
After 20% correction #BTC stays in the parallel corridor 13-13.7K. Once the volume increases I except to see a steep break through - most likely upwards! Good luck, all.
BITTREX:BTCUSDT I assume it will accelerate in the direction of the break out. Once the trend line crosses the pink line of the previous all-time-high it may accelerate upwards to the next all-time-high - 12K+
docs.google.com BTC PATTERN RECOGNITION DATE LOW HIGH DAY PERCENT 05.02.2018 6500 04.03.2018 11500 26 68 06.04.2018 6500 33 44 05.05.2018 10000 29 54 28.06.2018 5800 54 44 30.07.2018 8300 31 46 10.08.2018 6000 11 35 04.09.2018 7200 25 38 FORECAST 12.09.2018 4250 33 41 FORECAST 02.10.2018 6550 28 54 $ $ $ D % AVG...
03.09.2018 PUNDI (NPXS) - decision week Pundi has to decide whether it stays in the downward channel or in a flat range. If it goes below 0.00000023 highly probable that it will stay below for long. I am going to sell at the top edge and re-buy at the lower edge to accumulate my position. Will post updates below...
XLM long - mid term (1 Month) - There was a good red capitulation 12H candle followed by a full body green one - There are strong SUPPORT levels @0.172 @0.180 @0.197 - There is strong RESISTANCE level at @0.240 - There no obstacles between @0.240 and @0.311 - There are positive fundamentals, news and updates - All MAs are flattening Actions: -Go long...
Trend is down. There is an accumulation, most likely followed by a continuation of the impulse further down. Upward move had been engulfed. What i am going to do: SHORT of 1208 SL above the local high
- BEAR> We have had 2 green weeks in a row. Time to go Red. - BEAR> Reviewed ETFs can be declined once again. - BEAR> All MAs are declining. - BULL> We did not have more than 3 green weeks since April. Time for surprise. - BULL> Sometime at the end of October the flat range will meet very well respected trend line and all MAs. It has to be a break out...
- Green 9 on sequential indicator shows the end of down trend and the beginning of a correction or uptrend - that is confirmed by HA candle on daily, which turns green - indicating the end end of down trend and the beginning of a correction or uptrend - There are good fundamental news on the background that USA and China came to agreement, which might stop...