switoshi

switoshi

Bitcoin always makes some sort of move going towards he yearly close!

switoshi

BTC overlaid of a ghost pattern of last cycle if the top to top % move would be the same as last cycle

switoshi

Different time frames, but interesting similarities.

switoshi

I look back at this chart from time to time to get a perspective as to what the last cycle was like.

switoshi

Just looking at all the max draw-downs from last bull run, just for reference compared to the draw-down we just had, 20-30-40% draw-downs are part of bitcoins nature during price rallies.

switoshi

I copied the price movement from the bitcoin top in 2013/2014 to the top in 2017, assuming the next top is at the same percentage change and timeline as the last top-to-top this is what the price will look like.

switoshi

Using the most basic technical analysis I have found it very easy to make a profit from this stock.

switoshi

I found this pattern that has been going on for the past couple of months, There is a steep fall followed my a small retrace followed by a fall followed by a larger retrace, The first blue area went up higher than the other ones because of coinbase news. The short term bull might already be over.

switoshi

This stock has been in a falling triangle for a long time, I't broke down under i'ts previously set support line, tested 3-5 times before, of around 5.50 and went into a free fall to test previous lows. We are now seeing a possible retrace if it can break through 5.50 and breaking the falling resistance would make this stock an absolute BUY.

switoshi

Support line was created in 2013 and hit right on the spot in january. Resistance angle is set a little higher due to FOMO and MtGOX.