My current $ETH setup:
Decision time for $ETH . If $ETH can break this strong res line of $3.3k then i can see it reaching as high as $3.6k-$3.8k before any other troubles. It recently broke out of the dotted trend line shown and has continues to be riding along it. It also has the potential to drop below this dotted line into my 2nd scenario of a lower...
Here is my current $BTC setup:
-Red line is max pain worst bearish scenario where this run up to 48k has just been a retracement of the counter trend. Although it may be unlikely, This idea has enough evidence for me to not draw it out. For instance: the bearish volume divergence, 48k being close to the 618fib retracement level from the range 64k->29k, The red...
Technical analysis is not looking promising on $QNT currently. The extreme increase it has seen recently in price during a period of the market being extremely weak and the hype around it makes me believe it is the number one contender for a big dump imo. $QNT has reached the end of an Elliott impulse wave and has just established an AB of the counter trend wave....
This is the current $BTC setup I have been playing with the past few days. We have just recently seen a lower high and have failed to breakout of the blue channel. We have just broken out of the ascending triangle shown by the red trendline and the red price path playing out perfectly currently. I believe we have two options: Bounce off of the blue channel (Mid...
