


XMANGO
Just some possible targets to consider if $450 turns into resistance.
Full analysis here: www.bitcoinerrorlog.com
I was going through old charts and decided to polish this one up a little bit.
I am noticing similar fractals to about this same time period in 2015. It's possible we just made the bottom for the next few months.
Just some trend lines to pat attention to, based on 1W VWAP.
I made this in like 1 minute to tease @MagnusTradingGroup for being too bearish, but as I drew the orange line I realized it really fits so well. It makes a right shoulder on a high tf, and a bullish inverted H&S on the way up. It's kinda perfect in a way... We'll see!
It seems almost too obvious, so it surely won't happen. Or will it?! ;)
This chart shows the three most similar setups in BTCUSD from the past year. Many people are pretty bearish right now and looking for retest of $315-$365. The problem I see is that people are forgetting that we have transitioned from a sideways bear market to a bull market. In that case, you should probably assume an upward bias when comparing and applying past...
I'm going out on a limb here because there is an organized pump and dump going on for ETH right now, with spammers blanketing forums and chats everywhere trying to talk the coin up. When a price is being actively manipulated it's dangerous to try and predict a top or bottom. That said, I'm not a fan of this coin in general, and would never put money in it.
This is basically my attempt to make the most bullish chart I could. I think if something like this unfolds, the wicks that make up the tops would make it difficult to tell whether we were making a wedge or triangle, meaning that it wouldn't be out of the question for it to breakout to the upside. Good luck, bulls!