It appears as though Bitcoin is going to finish this pattern by the end of the weekend. In one of my previous posts on Bitcoin i talked about the upward sloping trendline & how every time #BTC has traded on it since April / May, technically even further but not on this chart, we've seen parabolic movement, and we seen just that. I've adjusted the line slightly...
Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle, but is also often angled down away from the prevailing trend. Another...
In my previous post i talked about Neptune Dash not getting much correlation to #Dash, but that's starting to change now. It's going to be interesting to see how this trades now that some brokerages I wont name have finished dumping their shares. Time will tell per usual.
Every time #BitcoinForPresident has traded on this support line since the start of May we've seen Parabolic action. Time will tell per usual. ;)
I mentioned the other day in my previous post on Dash that between BTC & ETH, Dash was the only one to create a new higher high, very interesting. Dash is now trying to break back above the Nov 6th 2018 "High" before the sell off into the crypto abyss, and stay above it to continue the bullish uptrend. On this chart you can see that Dash is trading in what...
Is it Time for #BitcoinForPresident to finish this pattern? EOM .. ;)
Pick your poison. It appears as though Ethereum is ready to break this Ascending Triangle or break this descending triangle to the downside. I'm thinking a new ATH is on the horizon. Time will tell per usual.
Bitcoin is either going to test support at $7,671ish USD or make a savage move to break this resistance at 8,263ish USD & consolidate above that double top or continue higher. Time will tell per usual.
I'm not sure if everyone noticed this or not, but Dash is the only one between BTC & ETH who actually created a new higher high during this recent pump today. Let's hold "aggressive" support at 163ish USD, but at the moment Dash seems to be holding up fairly well. Dash is also creating support above the BIG dump off in Nov 2018. Time will tell per usual.
In my previous post I talked about Ethereum making parabolic moves to the upside when trading on or below the upward sloping trendline in this chart. I'm expecting a test of resistance at 267ish USD in the near term. Time will tell per usual.
Dash has found support right at the previous high of the last parabolic move, very bullish IMO. It would be nice to see a test of $146ish USD & consolidate or continue to move higher. $123ish USD is where "strong" support will be found. Time will tell per usual.
Bitcoin looks ready to break this resistance at $7,319ish USD. A flush break above $7,420ish would be ideal. We don't want to create a H&S pattern, so there will likely need to be continued volatility. Time will tell per usual.
Ethereum is looking like it may have found its bottom & support at $225ish USD. Every time Ethereum has traded on or below this upward sloping trendline since May 9th we've seen a bullish reaction. Time will tell per usual.
If you look at this chart, you'll notice this isn't the first double top of the bullish trend for ETH, May 11th & May 12th Ethereum had a near exact double top as well. I think this was a healthy pull back & the upward sloping trendline will be respected. Time will tell per usual.
In my previous post i talked about Ethereum getting ready to make a parabolic move to $266ish USD. Now that we have seen that move take place, we can see some resistance but I expect it to continue the bullish momentum. It's noticeable that money is flowing from BTC into ETH after BTC retraces from parabolic moves to the upside. 278ish USD & 292ish USD are...