Se7enSkies

Se7enSkies

The trend shows diminishing profits throughout bull markets.

Se7enSkies

A bounce in between the two lines is likely. H&S-like pattern forming on the daily chart as well, but the daily RSI is close to oversold.

Se7enSkies

It would make sense to form a small reverse H&S if we want a reversal or even a double bottom would be enough. I don’t know how likely it is for Gold to play this scenario, but I would love it if it does take this route to form a reversal pattern. I personally would love to see the dollar collapse into nothingness in long term, so that sound money can take over...

Se7enSkies

Look at the weekly RSI. Every time we enter the oversold area we drop big. That thick black line on the weekly RSI chart is when I would think of XRP as a long term investment. I also have a symmetrical triangle showing the direction of the price of XRP for the next year or so. XRP is not gonna go $100+ over night or this year imo. If XRP is ever going to go that...

Se7enSkies

The trend is bullish, but this daily chart indicates that we can touch $1,737-$1750 on the trend line (not below the trend line) and still stay bullish. There is the possibility of going up from here but I’m gonna play the game using this trend line as my support level.

Se7enSkies

I see a potential descending triangle on Gold’s hourly chart. Breaking above the trend line means I need to buy I ASAP and breaking below the triangle means I wait for lower prices.

Se7enSkies

I thin btc has the potential to hit $47k-$48k before making a lower low. The daily RSI seems to be forming a reverse H&S pattern hinting at a price hike. If the descending channel has been established then it will be very difficult to go above $49k-$50k.

Se7enSkies

That rend line is my support level. I would be interested in buying ETH when it touches that line. If it doesn’t touch that trend line or doesn’t even get close to it, then I’m not interested in buying ETH.

Se7enSkies

I’m literally daydreaming about $25.3 Silver.

Se7enSkies

Is history repeating? If this triangle plays out then we shall hit the bottom around $0.05-$0.08 Last bull market correction was 93%. If we correct 90% this time, the bottom will be around $0.074 If we correct around 93% (I doubt we will) the bottom will be around $0.052 An 87% correction means a bottom around $0.1 For me, it’s impossible to catch the bottom, but...

Se7enSkies

Giant descending triangle on DOGEUSD

Se7enSkies

The trend is your friend.

Se7enSkies

I see a symmetrical triangle forming on Gold with a H&S-like pattern that I cannot confirm yet. Could this be a H&S?

Se7enSkies

Someone asked if BTC cycles are programmed to follow a certain pattern. Well, this chart is saying yes. Green area = buy Red area = sell Now we wait for BTC to bleed to shit and buy in green.

Se7enSkies

If this trend line is correct then $1740 is still possible, if not then we can keep going up from here.

Se7enSkies

Trend Line 1: we should stay above this line if we want a reversal at $1760s. This chart is telling me we’re below the trend line. Trend Line 2: The chart says we can hit $1680-$1690, but we need to form a reversal around here to continue the bull run and not go below this line.

Se7enSkies

I think touching the first trend line is highly likely because of the H&S forming on the weekly chart. Touching the middle trend line can happen if we’re in a bear market (according to logarithmic regression chart, I believe we're in the beginning of the bear market). Touching the lowest trend line would be ideal and lovely for me because I can buy dirt cheap...

Se7enSkies

I want to buy $1700 so bad, but I just can’t decide if this is the bottom or there’s still more room for a $60 drop.