mychartslie

mychartslie

We're in a situation with many scenarios. Yellow is the downtrend channel. Pink is the descending scallop. Blue's are my two targets for going long. Many are saying that we have one more leg down to 1550-1650...they could be right on July 31st if we maintain the downtrend channel. A riskier but oh so sweet chance would be that we continue the scallop and...

mychartslie

Going with the ugly colors today. I'm not trading atm, just watching from the bleachers. Numbers on chart: 1,2,3: Trend lines for support. 1 and 2 have been broken...we could see us test #3 but who knows when. Those that buy in at support 3 are so boss. 4: Watch for a move here. If we have a clean break on a possible down trend, the short term looks bright....

mychartslie

Just for fun. Upper channel indicates bubble territory, bottom channel is healthy. Levels at the lowest trend line indicate it's oversold.

mychartslie Updated 

I don't recommend shorting this at all, I'm still holding. But here's what I think we're looking at in the next few days to a week. Once we hit .018 we may even try to complete a mirrored pattern and retest the ATH again at .021. Who knows. If you're looking for a good time to buy, wait until the D.M.I. compresses a little more: this is the true indicator of...

mychartslie

This is a completely educated guess. With everyone calling shorts on Bitcoin, and a hard fork with Mother Bitcoin becoming more and more likely, most, if not all alts, just aren't ready to stand up tall and confident in the world without their mommy holding their hand. Even though Decred and some others' tech is far superior, the markets do have seasons, and we...

mychartslie Updated 

I'm betting Bitcoin is going to take a hard dip soon, so this makes sense in that context. Like all my charts, this is just my mental journal, not trading advice.

mychartslie

VTC is holding it's own at 26000. Look at my green-highlights on the indicators. See a trend?

mychartslie Updated 

Noobs about to get rekt again. I'll be buying your Bitcoin between the lower two horizontal lines. Thanks in advance.

mychartslie Updated 

Because of Bitcoin's recent uncertainty, Decred, along with many others, broke their long term trend line. This seems like a bad indicator overall, maybe even a hint at a bear market. But I'm super bullish on Decred, and here's why- 1. Decred will have a hard fork in 6ish days, but it will make history as this is the first ever main net fork implemented by an...

mychartslie Updated 

The waters of the Great Fork will destroy everyone- unless you get into the Ark. But once the waters rise and the doors close...it may be too late. This could also just be FUD. Who knows. But seriously, go long in a couple days once BTCUSD finds some stability.

mychartslie

Wait until the 4h RSI dips, then long at: .0195 Safe level .0174 Riskier level

mychartslie Updated 

Patterns man, patterns...second leg of the breakout consolidates near the top of the first leg, then pump. And the emerald wallet beta will be released early next week. Let the ICO dumb money rain from the heavens!!! But you'll definitely lose money on this trade because my charts lie.

mychartslie Updated 

My theory is that she's going to follow the same pattern as the last pump. See chart. Try to get back in on the next dip, then up to at least 75000, or hold long term because I think she'll go parabolic eventually. But I'm selling at 75

mychartslie Updated 

I could be completely wrong, but it looks like a tunnel is forming...very similar to the one that formed near the beginning of the Litecoin/Segwit hype. It's a tunnel of anticipation...of eagerness...of love. If I'm right, we'll hit a target at .0175 and then bounce back down to the bottom of the tunnel. This may only happen once, who knows. But my guess is...

mychartslie

XMRBTC is closing up a long term ascending triangle. XMRUSD looks pretty interesting too! Looks like we will touch the ceiling at least one more time, correct, and when the triangle closes it's full on mega pump. It appears that this will happen in July or August...which is funny because do you remember when the last mega pump was? I honestly don't know how...

mychartslie Updated 

Many could say log scale isn't appropriate for DCR at this point. I could be reading into it too much, but at the very least it's interesting to see. We're at the very bottom of the channel, and a big pump is imminent. A "fair" value seems to be .033ish, but you can see why a pump up to 0.06 to 0.1 isn't out of the question.

mychartslie Updated 

Interesting...the old top is the new bottom. I'm not entering this trade yet, but I may be soon.

mychartslie Updated 

ETC is still hasn't matured as much as the ETH ecosystem yet. Not that ETH is all that mature, but you can see the price consequences of having so much ETH "locked up" in ICO's. The markets are hot for dumb money. ETC will have ICO's soon, BTCC will add ETC in the coming weeks, it's also available now to Wall Street Investors through Silbert's Grayscale...