I've published my overcrowded charts and this one shows my last reference on the last 21 days looking forward to the next 21 days. The new Blue dashed and dotted lines added to the chart with arrows pointing these out on the indicators as well. With the new derivative lines drawn in overlining some oddly drawn in older lines we can view the relative movement of...
Large neutral trading zone forming w/random forms of triangularization in pricing will help provide higher volatility. Days, weeks, months, expect trading zone 2k - 5k, final low bottom will spike out eventually,. High fomo pre-spiking imminent. I'm shorter term bull, neutral and bear period w/ a new lower low, ending with a satisfying slow drizzle upwards.
Still trending on the upswing, and the power of this is yet to be seen to where it will end. It has to simmer into a down swing afterwards. Depending on the indicators and important price points we could see something of similar to what I've plotted for the future outlook.
Helps to see price as it is trending, channeling, stalling, rebounding, and spiking into areas lined out. This chart has points of interest taken from my other charts which should also be viewed for the bigger picture. 1 hour, 4 hour, 45 min and daily charts recently made.
With these trend lines, it will help us determine what trend direction price decides to continue in. Time will tell as we are probably heading into a minor uptrend swing, the indicators are again pressing for height. I had to make this short term intermediate chart for the information feed.
I think downwards soon. When it goes, it will go. Missing the uptrend soon? The indicators once again, certainly say upwards, and if that's the case look for a short opportunity near those upward resistant lines. I won't margin this, short or long. I'm specifically waiting for low price coins. Margin trading will always be there when the timing is more reasonable.
If price continues downward these major blue lines would be the next major pitstop and in my opinion the uphill battle begins. These blue lines come from before the great bubble. I expect some upward movement for a while and sideways, I'm on the fence about the next great big drop. As time passes it will be easier to tell if it will happen.
Posting this one for information if the price continues to fall. Areas where the price will stall/bounce. The bear trend is hot but cooling off, hard to imagine the price will continue to fall and fall when our indicators say up and up.
Currently in the Brown channel. Green and Blue support channels yet to be entered. Pink line is long term support from Spring 2017 curve points. Run this run chart if price action continues downwards, for additional information.