OH BCH! YOU ARE NEAR TO SHOOT UP FROM A PENNANT PATTERN. WHY DID YOU STOP AND GO DOWN? IS THE LINE OF REGRESSION ACTING AS RESISTANCE THAT'S WHY YOU NEVER CONTINUED? ARE YOU GOING DOWN TO FOLLOW THE CHANNEL? GIVE US SOME STRENGTH. YOU ARE VERY NEAR TO GET OUT.
Eth when are you going up? You are downward channel that must go up but when? When I computed the last time the halfway fall,I was thinking that you might fall to $135 if you won't still be able to break and if BTC wont. But now that I see this, will you fall at $80 or shoot up from here now? ;-) I have been drawing a lot of lines and trying to figure out your...
MINIMUM FALL OF A FLAG IF WE ARE JUST HALFWAY IS $3
I'm just a newbie seeking opinions on what you see on my GAnn like. I placed it at 45 deg
Eth Fell out from a triangle and it looks like it's climbing back again. It's either it will fall to again if Triangle theory will play out or it will coninue to go up if double bottom will play out.
IF IT WILL BREAK THE RESISTANCE LINE OF THAT DOWNWARD TUNNEL WE WILL SEE ETH RISE AND FIND THE RESISTANCE AT AROUND 300 AND 320. iF IT WON'T BREAK THAT LINE, WE WILL SEE IT FOLLOW THE TUNNEL AGAIN.
plus it is forming a flag
ETH 1 HOUR. See those beautiful trendlines that work as support and resistance. Eth went up to the previous support which recently became as resistance and went down to the third line support. If it falls from there it will go lower but if not use those lines above as resistance level.
What do you think? The previous support and resistance slanting upward lines last year acted as support and resistance this year. I'll be watching those lines aside from horizontal aupport and resistance lines. I drew the last red line from a support last year parallel to others. MIght just serve as a guide but that is not for near term. (I applied the same at BCH...
I'M A BOOKISH NEWBIE APPLYING AND EXPERIMENTING. SURPRISED TO SEE THAT THE HIGH PRICE IN BCC JUST HIT THE LINE I PLACED AND EXTENDED. IT WAS PREVIOUS SUPPORT THAT ACTED AS RESISTANCE. NOW I'LL BE WATCHING THOSE LINES AND ALSO OTHER PATTERNS AND INDICATORS
at the minimum fall and exceeded a support