ckim802

ckim802 Updated 

Bears have run out of steam. I do not think that we will make it to a new ATH this year, however, I do believe that we start on the path towards an eventual ATH at this very moment. If we fall from here, a fast fall down to 2k would be more preferable in terms of ability to recover. Over the next week or so, Bitcoin will have to overcome a number of different...

ckim802

If Bitcoin maintains the current bounce, GNO is set to break out in a major way.

ckim802

Please don't try to make Bitcoin move any faster, you might break it. A bart simposon-esq formation may get up to the finish line for reaching the top of the current symmetrical triangle. I seem to be drawing my triangle differently than some others, I'm not sure if it's because of the exchange or if I'm missing something. But as far as I can tell, we're...

ckim802

continuation of my Wait a minute, What the F@#$? post.

ckim802 Updated 

Since we seem to be having so much trouble rising above a junction which I thought wouldn't serve much resistance. For the optimistic of heart, here's an alternative version of events. Should this happen, and we rise to the red solid line (you have to get into the chart to see it), it would complete the head of a text book inverse head and shoulders formation...

ckim802

I'll assume people are now seeing what I saw last night. The tip of the butterfly's right wing would near the 200SMA before (probably) getting clobbered down by it. I am really hoping that we don't reach target 2 because that brings us into "crypto winter" multi-year stall-out zone. For this market to attempt a rally and close 2018 on a high, I think our best...

ckim802

Not saying this will happen necessarily but just wanted to raise the possibility... If it does happen and we stop at or before the last black dotted line, I would still consider us to be in some kind of recovery mode.

ckim802

I have a theory. It is based on the following assumptions: 1) Blockchain technology is and/or will be a transformative technology. 2) Owning any form of crypto is equivalent to owning a share of stock (the real-world value of the coin's utility will eventually be reflected in the price of the coin, none of this store of value bullshit). 3) Bitcoin is outdated...

ckim802

Either a bounce to the topside now or at mid 300s, the second blue dotted line. Both stops would create a gigantic bull flag on the day chart. I think this is about where Bitcoin and the rest of the cryptos part ways. Bitcoin is outdated tech, the vision of a world transformed by blockchain technology though, well, Ethereum is probably the best candidate right...

ckim802 Updated 

We are about to break through a ridiculous fractal cup and handle formation. I'm all in now.

ckim802

A little optimism among the bearish charts.

ckim802

The general direction of the next two weeks. It was the only configuration that was possible, given constraints by multiple factors At the end of the head formation, coming in the next couple of days, the father of cryptocurrency will break through the mother of all resistance lines, or not... If it does, it should follow a basic pattern in the form of an...

ckim802

The entirety of ABMD's history presents as a gigantic bull flag. When they miss earnings, they keep going up, when they beat earnings, well, they keep going up. Here's an opportunity I see during a bit of a consolidation period after yet another bull run. The head and shoulders formation would be almost completed prior to a turnaround in prices at the tip of...

ckim802 Updated 

Fingers crossed.

ckim802 Updated 

I'll be going in after the earnings call since the bull flag can easily turn into an Evening Star. But there should still be plenty of upside, should a breakout happen.

ckim802 Updated 

The orange buffoon is about to unleash a special brand of bat-shit @#$#$@.

ckim802 Updated 

Good luck!

ckim802 Updated 

If the bleeding has stopped... big if... Yellow Inv H&S formation completes the bigger green one at the yellow lightning (Breakout Candidate 1). Either the light blue or dark blue Inv H&S formations also completes the bigger green one at the blue lightning (Breakout Candidate 2). Candidate numbers in no particular order, although the light blue seems most likely to me.