I don't believe much in Elliot waves. They always get drawn on after the fact and nobody can ever agree on them.
Never the less, here is my brave prediction.
Lines are TEMA 50/100/200
Just a visual of ADA getting fed by the initial decline, then facing it's own decline.
Now I know, the best time to get alts is way before the rise, and best time to cash them out is right after.
When I get tired of looking at the hourlies, and moreso, tired of worrying about overspending my fiat on BTC, I like to zoom out and look at the big picture, and see what can be learned from the past. This is what I wish I had known back a few months ago.
You can see the buildup to the point where the TEMA's are layered, 50-100-200. The price level pushes past...
BTC's price movement says bullish, but the volume tends bearish. I don't think we're out of the woods yet.
We skipped out of the trading channel, so it's a ripe time for change. My guess is it'll drop back down to resistance and bounce again.
Lots of downward price movement, not as much lifting it higher.
I love ETHBTC. It's not as exciting as BTCUSD, but that's what makes it a good chart for a noob like me.
We're nearing the completion of a 2 month head and shoulders pattern. The neckline at 78 is solid resistance.
Falling volume can be like a spring gathering strength, we've seen volume slide significantly on ETH over this span, a move will be made...
Hi TV. I have been terrible at trading for a long time. like months. My first few trades were > 10% of my net value. lol.
Thanks to all of you, especially MagicPoopCannon, for teaching what you know. I've been at this for a few months, I feel like I'm finally starting to grasp the fundamentals. I'm a fan of harmonic, positional setups, but this is my first real...
