thedude31

thedude31 Updated 

Cosmos is in a channel. I think most cryptocurrencies are going to have one violent dip before we continue what could be the bull run of our lives. Good luck. Be safe.

thedude31 Updated 

Invert the chart, swap the candle color of the bars. Hard to be anything but bullish. Clear channel formed, fundamentals are all bullish. We could squeeze to 38-42k so other than some to buy a dip, my money will not be in fiat when the opportunity to be in Bitcoin this low may never happen again.

thedude31

All trendlines line up to between $39,000-$40,000 around February 9th. Historic day for Bitcoin and Joe Pesci's birthday. What does it mean? Flash crash to $1 have your buy orders ready.

thedude31 Updated 

Looks like we could have one last leg until what I feel will be a catastrophic dump. Short after breaks and retests wedge.

thedude31

Final update to my three chart series. The falling wedge is a bullish pattern upon breakout. Using the three charts I posted we can get a fairly good idea of how Bitcoin is going to move short term and have a plan when it breaks.

thedude31

4hr chart adding in what I think is worse scenario. Save some chips or you can’t buy the dip. I still think we reverse here but follow the lines. If breached and retested likely going to the bottom of the next box. Assuming we continue the long term bullish scenario Bitcoin shouldn’t breach these last two added trend lines. If you zoom out. You can see it...

thedude31

Bitcoin is at its bottom. Money is flowing off exchanges, whales are accumulating, fear index is high… and several other indicators showing Bitcoin is ready. There is certainly a scenario where one ore two more trend lines are printed below this which could mean a flash crash to 33-36k but would be short lived. I would place buy orders in that range in case....

thedude31

I pulled up my old ideas to see if the trend lines were still in tact. You can use these trendlines to swing trade with minimum risk. Pretty cool how the lines go back to the beginning of Bitcoin.

thedude31

Bitcoin clearly follows these trendlines that go back to it's inception. We are currently at the bottom of the trendline... The orange and purole lines are very significant and always ends up touching them.

thedude31

Self explanatory. Nobody knows what bitcoin will do, but with the help of simple trendlines you can have an educated guess when to enter and exit.

thedude31

Here is a logarithmic snapshot from 2013 and today. Notice the significance of the orange and purple lines. If we breach the orange, it is very likely we will touch the purple. Bitcoin logarithmically has always come back to these lines.

thedude31

Trend lines that Bitcoin has historically respected to help scalp until a parabolic move happens either way.

thedude31

Up of course 😂

thedude31

Interesting perspective of important historical trendlines

thedude31

I love Bill Walton

thedude31 Updated 

I simply like to watch Bitcoin bounce off of trend lines. 4 hr chart is fun.

thedude31

Bitcoin is neat

thedude31

BINANCE:BTCUSDT Follow Along the support and resistance created by Trend Lines.