jambalulu

jambalulu

I tried to decide if I want to make this a "short" idea or a "neutral" one, but i decided to make it short because btc still hasn't passed the major resistance that it needs to pass to signal clearly that it's going to test new highs, and as long as it doesn't break that line at 12.2k I will not be expecting a retest of the highs for btc. to make a long story...

jambalulu

I'd say so by the look of that falling wedge, right? This could be the kind of pattern that drags on for a while, nullifying both lines over and over until it finally completes and breaks out, but it also can start going up real soon, as we are reaching the apex of this current pattern.. It probably depends on the entire alt market- if BTC turns over and starts...

jambalulu

According to this bearish descending triangle xrp has shown us for a while that it's destined to fall from a cliff in bitcoin valuation, and now i see that the price has actually broke down through that support recently! if the price comes back up to retest that line and actually rolls over at that spot and starts falling back down again then that might be the...

jambalulu

If this pattern turns out to be valid then trx has probably been a pretty bad long term buy for the past few years.. if i remember correctly how to get the target on these triangles then after the breakdown trx should be headed to about minus 600 Satoshis... It is trading right at the support line right now, so an up move would make sense in the short term , but...

jambalulu

I think bitcoin is mid-term to long-term bearish (due to this great big rising broadening wedge that it's in), and I think that as long as it stays within this pattern it is still over extended and is due for a more serious correction. Where will it fall from? Nobody knows. It can fall from here just as much as it can go all the way up to 20k by September and only...

jambalulu

I think Ethereum Classic is in a huge falling wedge pattern, and as long as these support lines hold I believe that the price should eventually go up. How much? Here are two scenarios- If the nuclear altcoin holocaust still won't be over and all of these alts will continue to go even lower, I think the price of ETC is likely to have at least just a 2X (100%)...