b6d1016fdeb149be865b678a8ac935

b6d1016fdeb149be865b678a8ac935 Updated 

China, officially the People's Republic of China, is a country in East Asia. It is the world's most populous country, with a population of more than 1.4 billion. China follows a single standard time offset of UTC+08:00 even though it spans five geographical time zones and borders 14 countries, the second most of any country in the world after Russia.Wikipedia

b6d1016fdeb149be865b678a8ac935

These look like accumulation ranges to me, maybe they are, maybe they aren't. I'm posting so that this will serve as a frame of reference going forward.

b6d1016fdeb149be865b678a8ac935

I don't think this will play out honestly, but there's no denying that this looks a little like a H&S pattern

b6d1016fdeb149be865b678a8ac935 Updated 

I _think_ price could drop from here. We may be approaching a capitulation dump. If so, we could be in for a sustained pump, after the capitulation. Good luck fam!

b6d1016fdeb149be865b678a8ac935

Looks like this corrective EW pattern has played out. Despite global economic uncertaintity, we very well may see some upside in the "near-term"

b6d1016fdeb149be865b678a8ac935

A new cycle begins with an accumulation phase that generates a trading range. The pattern often yields a failure point or spring that marks a selling climax, ahead of a strong trend that eventually exits the opposite side of the range.

b6d1016fdeb149be865b678a8ac935

I'm curious how doge will respect fib levels. I don't typically include wicks, but these levels do seem key to me. Not a signal, just posting for the lulz.

b6d1016fdeb149be865b678a8ac935

This level is weekly support, if it breaks, I think price action will fall into the 14,000 region.

b6d1016fdeb149be865b678a8ac935 Updated 

ATOM is printing a weekly 9, however it's carrying a lot of momentum and could reach the top of this triangle shape.

b6d1016fdeb149be865b678a8ac935

Could this be a bear flag? A descending wedge? I've drawn a few patterns on here, and perhaps price will the points of confluence. Perhaps. This is not advice, I'm simply watching how price reacts to these levels and patterns. DYOR

b6d1016fdeb149be865b678a8ac935

Merge was uneventful, which was positive, however I see ETH taking a dump, along with the rest of the crypto space.

b6d1016fdeb149be865b678a8ac935 Updated 

Watching price action, fibs, and trend lines of ETH

b6d1016fdeb149be865b678a8ac935 Updated 

Posting as an idea. I don't have a lot of confidence in this playing out.

b6d1016fdeb149be865b678a8ac935

* BTC price will range for the next 2ish months * There will be a capitulation dump some time in September * Price Action will "Bart Simpson" (verb) to previous levels * where I think whales will want to have the yearly candle close, showing (perhaps manipulating) BTC "strength"

b6d1016fdeb149be865b678a8ac935

Sector Exposure Consumer Discretionary 69.71% Communication Services 8.36% Industrials 8.21% Information Technology 6.05% Consumer Staples 1.82% Health Care 1.42% Real Estate 1.19%

b6d1016fdeb149be865b678a8ac935 Updated 

Top could still blow off even more (bull trap) but I think the top is in.

b6d1016fdeb149be865b678a8ac935 Updated 

I'm short now. Despite Fisher Transform only being at 1 standard deviation. I think there will be a shake out before the breakout.

b6d1016fdeb149be865b678a8ac935 Updated 

Yes, it's a guess, as is every other Idea on this site. here's mine: I think PA will make its way back up to the top of the triangle, break out into the red box, where there will be some sideways action and false breakouts. PA (Price Action) will return back to the center of the triangle and stay there for a while, until price dumps below the triangle. Support...