Megahashin

Megahashin

The green lines are genesis block + halvings. If you zoom in, you can see the maximum draw-downs during parabolic bull runs to new all time highs between halvings (green boxes).

Megahashin

Theory: Eth about to move towards testing the bottom support line of the big ascending wedge. Also, the size and frequency of the moves tells me we have 2 completed IH&S patterns in this wedge, and we are about 20% of the way through the 3rd one. (see vertical cyclical line tool) 1.) History repeating itself on Stoch RSI at this level? 2.) Impulse oscillator at...

Megahashin

This appears to be the same money being moved around. I plan to long the green zone, short the red zone, and hold or stay out while in the top area of the orange triangle unless Jesus comes out and convinces me I need to trade there. The chart is minding the technicals. There was a mountain of evidence saying we were due for a big correction, and it seems to me...

Megahashin

I see 3 ways it could get rejected, and capitulate. Option 4 is we bust through ALL THOSE lines and crap and create a new high. I'll be playing longs/shorts in the green/red boxes (favoring shorts) and coasting with those trades in the top zone of the orange triangle until something interesting happens. I'm going to reduce my position size and ratchet up SL to...

Megahashin

Showing the converging resistance lines on 3M and 14M

Megahashin

Also notice the cyclical date patterns lining up PERFECTLY... I don't like coincidences...

Megahashin

My thinking on why I don't think the bottom is in, and this current pump will get rejected off the orange line, giving us several more months of bear market, along with "the real caputulation" before continuing up to "ONE HUNDRED BEELEEON DAWLERS".

Megahashin

See text box on chart.

Megahashin

Notice the crossovers, and anticipated indicators, etc. I may elaborate here on chart more in the future, but draw your own conclusions from my chicken scratch.