UnknownUnicorn15780997

UnknownUnicorn15780997

This is not financial advice DYOR because I know next to nothing. I just wanted to share my idea with the community. I'm using price action on BTC as a guide to buy my favorite alts: ERG, NANO, ADA, FIL, SIA, ALGO, CELO. In my view, TA on alts is next to pointless with BTC where it is. I drew this channel by connecting the lows of the two dramatic selloffs we've...

UnknownUnicorn15780997

I figured we were headed down after hitting this RSI trendline a few days ago, but I really thought we would find support on the bottom of the red wedge and then head higher. Either BTC failed to find support and is now resuming the selloff or the bottom of the green colored wedge (the true wedge of the many wedges we've drawn seen?) will provide another...

UnknownUnicorn15780997

Hi all. This is not financial advice. I'm sharing the bearish channel I have defined on the BTCUSD and a trendline I'm watching out for on the 4h RSI chart, to get an idea if something new is happening with the price. Also maybe there's a short term ascending wedge pattern coming to an end momentarily.

UnknownUnicorn15780997 Updated 

A wedge pattern had developed on BTC 15MIN and 1HR charts that was broken do the downside. Zones of support around 38K, 33K and 30K

UnknownUnicorn15780997

After a tightening price range in the uptrend channel, platinum prices have fallen below the price channel flipping the trendline from support to resistance. Next line of support is around 1100. If inflation fears ease, or if stocks take off and crypto continues it's selloff, more money will flow into those markets and I think there may be further downward...

UnknownUnicorn15780997

This is not financial advice. I know next to nothing but my recent chart edits keep disappearing on my TV so hopefully publishing will hold my thoughts for myself, and maybe be helpful for someone else too. Here is my strategy at this time and going forward. I understand we are at the end of the alt-season as we near the BTC halving cycle, but I'm very...

UnknownUnicorn15780997

Hi all, I'm publishing my chart for ADA for those who may be looking for potential zones of resistance for Cardano (ADA). The bottom of a channel that bounded the rally in January and February is coming up around 2.56. For the record, ADA is an investment for me so I intend to hold for the long haul and accumulate on confirmations of support if I have the...

UnknownUnicorn15780997

I sold my puny amount of platinum on the 4th when we approached the orange trendline, which is a resistance line from the previous rally before the pandemic. Recently we've had 4 reactions with this trendline acting as resistance and you'll notice we failed to reach the top of the channel (blue) in the last three upward swings. So is this the moment this...

UnknownUnicorn15780997 Updated 

Just an observation. BNT:USD price is currently tracking a trendline of the same angle to a previous steep price channel of the rally starting Feb 16.