kdenery

kdenery Updated 

Just a follow up to my last post () so that people can click "play" and see how it plays out.

kdenery Updated 

If so, we're breaking out of a multi-year range/channel. If not, we're headed down to at least ~$5

kdenery Updated 

It's funny, i sometimes get some flack for the simplicity (and admittedly ugliness) of my charts. But the truth is, the KISS mentality works especially well in crypto, and with sensible reason behind it. If a trend or support/resistance level is clear to you as a human, you can be sure there are tons of bots playing off it as well. Anyways, CRYPTOCAP:INJ has...

kdenery Updated 

Everything within this channel is just noise, not until we break above or below it do I expect anything too insane to happen with the price of LINK. It's not super reassuring that it's actually a rising wedge as opposed to an outright parallel channel, HOWEVER, given the fact we're in log view AND it's the ALL TIME chart, I think that means less than it normally...

kdenery Updated 

Can it be this easy still? The bull run is definitely not over, barring some black swan event of course, however, I don't really feel in my gut ETH breaking out tonight, I think one more leg down would make for a good sort of three-dives-esque pattern. While the BTC pairing is looking as beautiful as ever, a closer look at the actual candlesticks and other...

kdenery Updated 

While the recent wave of FUD has sent bitcoin tumbling down over 60% from it's high on some exchanges, If you look at the only thing that matters (the stock to flow model) we see that we are still following our patterns and trends perfectly. This is just the mid Bull-Market shakeout, soon we'll see our run up to a blow up top, and then a crash to probably around...

kdenery

This isn't anything. No comment.

kdenery Updated 

I vote up. We appear to be creating a fairly neat bull pennant here at the top of our run-up. This is a VERY simple analysis, using nothing but trendlines and an ordinary fib retracement. However, I find that when I keep it simple, I get the best results. I find that many times, during bullish runs like this, after our first leg up, the 1.68 becomes a very...

kdenery

Made my money off the short shown, sad I missed the pump but oh well. What happens next? I have no idea but I don't think I'm hopping back in either way. MAYBE if we get a strong rejection or break from the pink trendline, I might swing a little, but this is just chaos. What an insane P&D. historic in fact. We'll be saying in 5 years, "remember that time...

kdenery Updated 

Again, looking at BTC in a bit of a different light. I'm sure everyone has charts for LINKUSD and LINKBTC, maybe even LINKETH if you're smart, so I figured id take a look at link measured against the overall market and see if anything popped out to me. Seeing as we're back above the long term trendline, I see three general possibilities: 1. We keep moving up...

kdenery

Formation stood out to me on a line chart where wicks aren't included. Seeming to respect this downtrend channel fairly well, which after such a steep run up, says flag to me. However, if we were to fill out a 3 Dives Pattern, which still seems very possible, we would be looking at one more leg down before liftoff, to around the 27k range. I think were far from...

kdenery Updated 

Notice the spike for negative profitability before the prior bull run and that we had only a couple weeks ago.

kdenery

ETHBTC is setting up just perfectly for a leg up. ATH for USD pairing coming soon to an exchange near you!

kdenery Updated 

I havnt seen a consolidation/accumulation phase as tight and as independent of the rest of the market as this since LINK was under 5$ ATOM is IMO the best network out right now, and Binance building their smart chain on it should not be taken lightly, I think we'll see some explosive movement soon.

kdenery

If you haven't been accumulating ADA the past couple years, what have you been doing!? Price target in the green rectangle , what this will = as far as USD price, I'm not sure, but what I do know is it means we're in for some heavy pumpage one way or the other. Check any of my previous 5 or so ideas to read about why I'm charting against TOTAL2 .

kdenery

As with most of my new ideas, I'm now trying to use not the BTC or USD pairing, and not even the ETH pairing (though admittedly its fairly close to the ETH pairing) but rather the total alt coin marketcap. This is a new charting strategy I'm trying because for the past 5 years of me staring at these charts, it's become obvious that soooo many big moves are really...

kdenery

As with most of my new ideas, I'm now trying to use not the BTC or USD pairing, and not even the ETH pairing (though admittedly its fairly close to the ETH pairing) but rather the total alt coin marketcap. This is a new charting strategy I'm trying because for the past 5 years of me staring at these charts, it's become obvious that soooo many big moves are really...

kdenery

Thanks to the recent XRP fiasco, it looks like XLM buyer have been given a new opportunity to buy at relative lows. The price returned to the bottom, but RSI didn't get nearly as close, in theory, this should indicate strong bulls. Now, what do I mean by relative lows? And in fact, what the hell am I charting against? We'll as with most of my new ideas, I'm now...