bra1nch1ld

bra1nch1ld Updated 

Many people, myself included, made a lot of money when the market exploded last year. Ever since that 20000 high we have seen nothing but a long term falling trend... low peak after low peak with a definite downtrend. This correction was inevitable with how explosive the market became and with the boom largely in the rear view we are starting to see a return to...

bra1nch1ld Updated 

BIAS DISCLAIMER: I do not hold BCH nor do I have plans to trade it. This has not played into my opinion of the current state of BCH Looking mainly at the 20 day SMA and the volatility of price action things have somewhat been turned upside down. We see a huge spike in volume due to the so called bull revival, which has triggered an unsustainable wave of hot...

bra1nch1ld Updated 

Textbook rising wedge formation forming off this 8000 support. Short MACD is trending down, we could see a drop below the wedge soon due to the oversold nature of RSI. If the price breaks 8200 we could break up from wedge to 8400-8600 levels. However if the wedge breaks down we could see a deeper slide as the buy walls on Bitfinex indicate poor support on the...

bra1nch1ld Updated 

Bearish sentiment here. I think that the whale responsible for the large green candle will take advantage of bull flag inflation and dump back to downward trend. RSI is majorly oversold and looking for a cross soon. We are outside the falling trend for now but not for long.

bra1nch1ld Updated 

This downward channel isn't going anywhere. It's likely to stay in place until a regulatory body in a major country decides the fate of crypto or we see the introduction of broader adoption in consumer businesses. We can see this from the uncertainty in reversal due the monster green candles that drove us up 1000 in under an hour. Don't buy into the rumor mills...

bra1nch1ld

H&S Pattern developing. There is a small retrace then uplift in next 30 min.