capoeira

capoeira

......current situation it is this. back then the swings were wilder obviously. we need to ignore some noise.

capoeira

nice trendline here, though it seam to become weak...but could pump out of it. than we established a nice short term support at 66k

capoeira Updated 

you fail 3 times to keep the price over 70k, bears got hyped.....but got deeply disappointed cause they couldn't keep it below 65k either. a new bull attack at 70k might have less resistance this time....also halving hopium would help a lot.

capoeira

be aware bears. hard to avoid new ATH. and I have to write more into this description to get this idea trough; thanks TV

capoeira

after the first red, switch to daily candlestick and wait for a new top: sell!

capoeira

some kind of triangle will form on $4000 support

capoeira

normaly a down signal, this could explode into both directions soon, imo

capoeira

just for fun (almost)

capoeira

else the trend will break

capoeira

(ETH+ETC) perhaps could be described as "the real ethereum price" (?)

capoeira

could be interesting

capoeira

this is a description, which isn't actualy necessary

capoeira

and this pattern is just a guess. but still i don't doubt that this channel will be broken up

capoeira

second bounce from 50% fib (not confirmed yet) building possible dubble top. Also building an RSI divergence. beeing 30 a psicologic support I would say this would be the neckline

capoeira

about to form a dubble top - neckline is also 50% fib which could hold, but if not this correction ends

capoeira

no, it's not a trading idea, nor a prediction. just showing how the first 2 fibs fit into that (projected) bottom near 1.000 yuan

capoeira

after 3470 we go deep

capoeira

1), I forgot to include RSI. it will be in oversold ranges soon. at 550 it will be defently oversold around 550 we have also: 2) the very important 50% fib line 3) a very strong suport (blue crosses) 4) soon erverybody will be bearish; strong signal that it turns lol (this is not too serious, but think of it: when all short and midtermers are bearish, it means...