esuvari

esuvari

Yesterday's Chinese fuckery seems similar to the one we had 10 days ago. It's so far following the same steps in terms of retracing till the previous levels etc. If it keeps up repeating the same pattern, it'll end up with dropping hard till the end of the previous dump. After all, peeps will want to buy lower after the settlement so they will sell their existing...

esuvari

I noticed a trendline is being formed in this recent BTC rally and apparently it always pullbacks on it at 0.786 fib line of the previous surge. Then the next surge reaches the 1.618 fib line. Rinse, repeat. If this is to happen a third time, I expect a pullback to 5420 and another rally to 5700+. I can even tell you the exact time when the rally will begin:...

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haven't been publishing ideas for too long, I liked the colours of this one so I'm gonna go ahead and publish it. Also if it does play out like this, I get to say I told you so. 0.618 fib, long term uptrend line & falling wedge will come into play if there's ever gonna be a 3rd leg. I mark this chart neutral because I think it's a short here but only till the...

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I publish just so it doesn't go unnoticed. though I leave an open door for some cheap whale trick, a pump over the resistance, in which case the target would be 1450.

esuvari Updated 

Yesterday, I anticipated that the previous low would be too tempting to test so it would break the bearish resistance, though just momentarily. That resistance proved itself to be stronger than I thought and price bounced from that precise point. However it wasn't a proper bounce, didn't go too high and since then we're consolidating within that range. I think...

esuvari Updated 

I wasn't going to publish this one since it's a personal chart but I'm doing it for a personal request from @puchbike. So it's up to you to follow the advice or not :) This is largely based on the previous drop from 24xx to 16xx. The soft support (thin red line) will be broken momentarily because it's too tempting to test the previous low, 1650. And it did...

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The crossing bull and bear trendlines have been very useful at explaining things so far. Since the drop from ATH the bottom downtrend line (thin red line) acts as a soft resistance and the upper one (bold red line) acts as a hard one. Everytime the price reaches the thin red line it's hammered back down or it manages to break it and goes up, only to be rejected by...

esuvari Updated 

The bounce seems to be over with a perfect touch to the first fib level. Also, by now it formed a great bear flag, which suggests another leg down, roughly around the same hight. That would be around 0.020-0.025

esuvari

In my previous chart, I thought this will visit 618 fib (around 0.03) and then turn south. But having another look into it, 764 fib also is a plausible retrace target, for the following reasons: 1- it's not as overbought as I'd expect it to be. it's not even above 70. Also RSI looks like it's gonna make a new high. 2- the fact that the tip of rising wedge...

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The bounce from the big dump has almost met the 0.618 fib. Also, a rising wedge pattern is very apparent by now. Not to mention the bearish divergence starting to show itself, (though that's not necessarily something I rely on) All signs of a bearish continuation.

esuvari

The bounce from the big dump has almost met the 0.618 fib. Also, a rising wedge pattern is very apparent by now. All signs of a bearish continuation.

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Eth loves 0.618 fib retraces. If this bounce goes as high as there, it'd make a nice head and shoulders pattern which might end up dropping to 0.01 (which is a good support)

esuvari

ETH downtrend seems to love 0.618 fib retraces. Which we just touched. So expect more down from here.

esuvari

Regular bearish divergence on 1h. a little pullback here, if not a full retrace (which would be weird)

esuvari

The moves of the last couple of days are kinda similar we had at the end of 2015. if it plays out the same way, a small pump followed by a large dump is coming.

esuvari

a rejection from the 0.618 fib completes the right shoulder. once it's formed, a dump to 2720 is expected. What happens from there is on my linked chart. (spoiler: up)

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A perfect cup & handler is in the making. If this bounces from 2720, it might as well rip through the top line of the greater triangle (drawn from the tip of ~$500 candle from Nov 2015)

esuvari

bearish div continues. it's bound to go down some.