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BTCUSD has a well defined triangle top in log mode Yeah - those damn moving triangle. You get past one of them then another one forms. Thats how it works The good news is we have time and 15% for BTC to move up before it hits that ceiling so make money while you It could break through the ceiling, but the path of least resistence is to drop down when its close...

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Today's support is brought to you by the number 38.2% fib line and the letter T for Trend line .

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The point of this post is to point out that the EOS falling wedge is different depending on your preference for the base currency so Ive drawn it against USDT and BTC If you like BTC we are near the bottom of the wedge If you prefer USD we are higher up so it could drop further and stay within the wedge

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Coinbase announced it was considering adding these coins resulted in a 12-22% pump for each coin. This chart shows the impact on the price from that announcement ZRX Ox BAT Basic Attention Token ZEC ZCash XLM Stellar ADA Cardano ANNOUNCEMENT twitter.com FOLLOW Coinbase on Twitter so you get the news immediately next time. These announcement are an easy way to...

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We are at the bottom of the BTCUSD channel It has a well defined top, but the bottom is low on contact points so its not as well defined Channel breakouts can be large movements so we want to stay within the channel and gradualy recover before some nice big green whales come along and push up the price again Fingers crossed. Stay green BTC, stay green

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Rough fibs example Dont take this seriously, this is just a rough example to open a discussion on the "TradingView Charting" Facebook group www.facebook.com

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BTCUSD is getting close to the top trend line again I hope it can break out, however that is just wishful thinking. We have had weak volume lately making an upwards breakouts difficult. It is easier for it to bounce off that line and drop down - as it has done three times since May I dont know where the bottom is, but this line looks like the most likely top in...

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Trading in BNB has slowed down along and brought the entire crypto market to a crawl. I think this is due to BTCUSD being close to the major triangle border (in decimal sale, not log scale). I usually use log scale for such as long time frame as that has defined the market for the last 5 months. However, this decimal scale triangle triangle seems to be...

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The BNB burn is coming in July and this is my prediction of price movements leading up to it If it follows the pattern of the last burn (RED #1) the price movements will be similar to the other red line (RED #2) It seems to have started early, so the green line is more likely. This make sense as the burns are occur predictabley every 3 months, so as traders get...

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6th Pattern Theory This is not my theory, Im just charting this. The theory points out a strong correlation of highs and lows to the 6th day of the month going back to January 2018 November and December 2017 were not quite the same but the 6th day still mapped to a major high or low Even if you dont agree with the theory, it still highlights a strong cycle of...

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We are going in a one of these directions and hopefully not the one where we say ouch ouch ouch ! It has been a positive and profitable time recenty so think happy thoughts and look north

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ETH has been getting all of the attention lately and that now dropped off so XRP can take over. The major coins drop in unison with one risiing above the rest at a time BITSTAMP:XRPUSD KRAKEN:XRPUSD BITTREX:XRPUSD