tradingnomad

tradingnomad

I drew the original trend line back in mid 2017, as you can see, we had exponential growth, and of course the winter crash. After the major crash, it touched the original trend, with only a shadow, and then tested it 2 more times, both bottoming out at the bottom of that trend line. We can see this is an extremely strong trend line, dating all the way back from...

tradingnomad

Dark blue line is the original trend line, the lighter blue was when it started to change at a more aggressive slope in July/Aug. As you can see, we have bounced off of the light blue trend line and are starting to stall at the resistance side of the channel. I expect a pullback to around the 38.2% fibo level at about 8400. Stoch and RSI are signaling a clear...

tradingnomad

We are hitting a correction to the massive buying hype. The bubble is popping due to segwit2x and forking anxieties, and we'll go back to the normal rising rend line. Buy target is in the yellow circle.