Looking at the longer term trend line, we are getting a reaction each time we come down and hit it. 3 times in the last 3 weeks.
First 2 times we've seen a pop of over 20%. This time I'm anticipating a nice pop up around 236 (or possibly finally heading to next fib level at 257.00).
It's an interesting observation, nothing more. I could just be bat sh|t crazy,...
Surprised that we are getting a Pump as Litecoin JUST halved.
Rather simple chart - Pitchfork rules state that Price will gravitate to median line 80% of the time. So, thats where I'm targetting, 130.00+. Invalidates if lower pivot broken (if price drops below blue line)
Just an idea, be careful out there traders!
Looking like a nice trade set up for LINK. A breakout of the falling wedge, now just finishing the retest of the breakout. Possibly testing the 0.382 of the FIB Channel (which is pretty close to the measured move from the breakout). Hoping for a sweet lil 20+% gain :)
But then again, I could be bat-sh|t crazy... who knows ;)
Be careful out there traders!
We can map BTC in play in 2 channels, one up-channel (from past 4 months) and one down channel (past month). Price is below .236 of both channels.
This correlation provides a bit heavier resistance.
Support - the bottom of both channels - hits in the 83xx range (as well as previous support/resistance).
Without some heavier buying pressure, this looks like it...
It's looking like a pop up to touch the 0.382 @ around 149 before dropping to bottom of range around 133(or possible to trendline around 118-122)
Hard to say, but that's what I see. Take it with a grain of salt
Good luck out there traders :)
Really looking like ETH is going to dump through to the bottom of the daily cloud. As long as we don't breach the 0.786, the cup and handle remains valid (although a bit weaker).
My guess - drop to out of the triangle to 114, then bounce
But hey, I could be bat sh|t crazy, so take it with a grain of salt haha
Good luck out there traders! :)
An interesting idea on ETH... Possible Cup and Handle. That dump could be the handle, which would put target, if it plays out, to 220-ish. Imagine! But hey, I could simply be bat sh|t crazy, who knows ;)
Just an idea, take it with a grain of salt. Good luck out there traders! :)
This is the first thing that popped out when looking at this chart. Good Probability for a 10+% LTC Drop in the coming days. Nice Short Potential :)
Just an idea, take it with a grain of salt. Good luck out there traders