chewner

chewner

Broke out of wedge a month or so ago and now it testing the upper trend line. Wedge breakout target is .15 BTC

chewner Updated 

6200ish target sell. Once BTC bottoms it will trend sideways giving altcoins a chance to run for a while.

chewner

Go long at $950 in 2028.

chewner

$12 target, maybe lower. Stay away unless you're shorting.

chewner Updated 

BNB will hit $28- $29 this week, then correct to the lower end of the channel around $20. Next stop will be $48-$50. I'll update the chart as it goes

chewner

TSLA seems to be copying NYSE:F long term pattern.

chewner

Yeah, not a chance... Elliott wave forming inside a parabola, which will turn into a head and shoulders, which will correct to $4200-$4500 range. The bottom is in, so that's a plus.

chewner

BTC is quickly making it's way up to test the top of the falling wedge that it broke out from. I expect things to trade sideways for a couple days, then a final push up to 4400ish. We should see a bit of a correction over the weeken

chewner

BTC is on track to finish up 2018 by breaking the bear market and hitting $7500. Overlay is Gold bottom in 2000.

chewner

Yet another completed head and shoulders on BNBUSD

chewner

Head & Shoulders completed on GTO.

chewner

You know the saying hindsight is 20/20? Well that's exactly what happened here. Not only did it tell us where it was going for a bottom, but it's also telling us where it's going to from the bottom. The overlay is from gold bottom in 2000 and the resulting run up to 2008.

chewner

shows BTC compared to gold from 1974-2000. Based on an overlay of the pattern, I came up with a bottom of $3000 for BTC. Ironically 3k is the only point BTC actually tested the previous high on the run up to 20k, so it looks like we filled in all the gaps and testing previous support again. Everyone's screaming lower, well these were the same people screaming...

chewner

One more small drop next week to $75 and we'll finally be done with this mess.

chewner

The above chart is an overlay in blue onto the current AAPL chart.

chewner

We're basically on the bottom now. Blue line is 2014 crash overlay and what I hope to see Bitcoin do moving forward. I actually think we have a good chance of seeing 65k before the chance of another bear market emerging, so enjoy the ride.

chewner Updated 

2014 crash overlay in Blue and the direction I still believe it's going long term. Alts will continue to pump for the next couple weeks as BTC is trapped between two trendlines., moving averages and decreasing volume.

chewner Updated 

Buyers will step in low $500's