ben-d

ben-d

Without the kind of exuberance and momentum of the previous rise and fall within ETH's channel, we might not expect it to collapse through the bottom channel wall again. However, if it does, and follows the previous negative break-out, we might expect around a further 15% dip give or take. Potential rewards if we climb up to the top of the channel again could be...

ben-d

ETH looks like it's been in a pretty convincing channel for quite a while now. As we happen to be pretty much at the bottom right now, there's probably not going to be a decent entry point like this for a long time. Important note: Trade at your own risk, I know nothing and should not be trusted. Seriously.

ben-d

Not just a pump, it looks like a long-term channel is forming on ADA. We're just post-pump, so this isn't necessarily the best entry point. Wait for a touch, or cross in then out on the RSI oversold, or a touch or a break out of the channel lower wall. The green line is a possibility, not an accurate description of the future. I'd expect mainly movement within...

ben-d

In recent history, oversold and overbought indicators (marked with arrows) have strongly correlated with changes in price direction. On top of this, bullish divergence (orange lines) adds to a feeling of optimism about ADA's price. But whatever you do, don't listen to me. I'm just some guy and probably wrong.

ben-d

Before we break through to all-time highs, we're probably due another correction. RSI bearish divergence indicates a drop coming up. The previous correction is highlighted as well for comparison. Disclaimer: I'm a know-nothing bozo. Don't listen to a word I say, don't say I didn't warn you.

ben-d

Downward pointing triangle (continuation pattern, bullish) and RSI divergence (bullish) show a strong-looking bullish breakout. I'll be happier when we re-enter the two parallel channels and continue the uptrend though. There may be more choppiness ahead. Also, don't listen to me, I know nothing.

ben-d

Analysing the last significant correction with fibs, we can see how the current correction pattern matches so far. Will it continue to do so? If so, there's some potential targets for both longs and shorts. This is just an experiment. I know nothing. Don't trust me for trading advice whatever you do!

ben-d

After what could be a fake-out, BTC seems to have clawed its way back into the lower channel. This, along with a bullish divergence in the 4H RSI makes me think we're going long for a bit. Comparing this with the similar pattern that emerged in early January, we could be in for a much longer period of choppiness before going full bull again. These are...

ben-d

This is just for fun. Don't base any trading behaviour on anything I say. BTC has downgraded from a rocket to a paper plane, but it seems to be doing well from it.

ben-d

The narrowing, rising wedge is a bearish pattern. Combined with strong resistance at 50k, this suggests BTC will perhaps retest this psychologically important boundary one or two times before falling in value to regroup. RSI tells a slightly different story indicating a bullish environment, so be careful. And most importantly: don't listen to me, I know nothing.

ben-d

As the cycle approaches a natural point to break through $50,000, we'll either see a strong rejection (and a deep correction) or a breakthrough followed by a bullsih boost to higher highs.

ben-d

If we don't learn from history we're doomed to repeat it. Can patterns repeat? And can they impart useful information? Almost certainly not. Don't trade based on this idea!

ben-d

The week chart seems to give a clear indication of bull and bear markets. If this pattern continues to hold, we could have a long bull period ahead. The arrows point out when 50-55% RSI turns from support to resistance and vice versa.