pacsdude

pacsdude

testing a shared chart??

pacsdude Updated 

BTC price action has been rejected at the .25 fib of the pitchfork drawn on the daily chart. Price action expected to drop down to the bottom of the pitchfork and either hold there or break below and hopefully hold support from the large white all time channel. While the ichimoku cloud is still bullish on the daily, it could act as support when price drops down...

pacsdude Updated 

ETH finally broke out of the descending blue channel it has been in since January! I hope the cloud on the daily doesn't prove to be much resistance and it will start to climb right through it. I'm looking for a test of the all time high and I might sell a portion of my ETH up there and buy a big dip. thanks for looking and I'll update this idea later with more charts.

pacsdude Updated 

ETH seems to be retesting the descending purple channel it broke out from back in November. My target is the blue oval, where the descending blue channel, descending purple channel and the rising white channel intersect. It is also the end of the month in the next couple of days, so the rising white channel, if it holds wouldn't allow for any more downward price...

pacsdude Updated 

This is just an idea of a chart formation that I think could be forming. If the market is indeed needing a correction than this chart formation could prove to be a good opportunity to add to your ETH position if it presents itself. On the four hour chart, I've noticed a potential Adam and Eve chart pattern. Others can look at the potential of this pattern here...

pacsdude Updated 

I appears as if ETH could rise up to the $3400 level and tag the top of the rising white channel before the market decides to put in wave 4. Anything could happen, but if history repeats itself, PA could tag the top of the rising white channel again. PA tagged the top of the rising white channel back on 6/12/17, put in wave 2 one month later and consolidated...

pacsdude Updated 

Its looking like an Adam and Eve double top has formed on the daily. Price Target: 46.57

pacsdude Updated 

Calling this the top for CL before it heads back down to $43 as my first target. Look for mid Sept for that to hit. After it gets tagged it could bounce good off of that level. Not against a bull call here either if it decides to break out above - use tight stops! A zoomed out view of the daily Weekly cloud chart - Couldn't break out of the cloud and now...

pacsdude Updated 

CL appears to be headed to the bottom of the fork @ the $45.3x area (61.8%), if that doesn't hold then there is always the 88.6% @ the $41.0x area. I think it will need to hold the $45 area and it must not go below $42.49 if this is to be wave IV. I'm thinking Wave I topped at $42.49.

pacsdude Updated 

It broke out of its fork and is heading for the top of the channel. Hunting the $290's?

pacsdude Updated 

If CL completes this H/S pattern, then going long from the $42 or $41 area will be very profitable up to around $58 or $60. I believe that CL will need to get down to the $41 area to complete the H/S, but cannot dip below my purple dotted TL as that is the top of Wave ( I ) and would invalidate it. Time will tell and they can always stretch it out as its...

pacsdude Updated 

Looking for CL to bottom here and head up to the $49.5 area which is the intersection of the top of its descending channel and midline of a larger channel.

pacsdude Updated 

A drop to the $30s will be hard to stomach for the 'market'.

pacsdude Updated 

Should hold here.. Tagged the bottom of the long term channel and also testing the .886 of the Fib Retracement.

pacsdude

Looks like ETH might see $25x.xx today or tomorrow or as high as $27x.xx if it gets jiggy with it. Potential downside could see $19x?

pacsdude Updated 

Looking for ETH to follow the channel and head up to its next fib level of 1.272%.

pacsdude Updated 

looking as if it might be another opportunity to buy the dip @ $13x.xx?

pacsdude Updated 

Could this be the end of this big rally until next months E E A release? Korea is helping ramp this up I believe with especially the Samsung announcement. Possibly Japan as well with the Toyota announcement. I would personally like to see it come down for a healthy retracement so that I can buy in again at the bottom of the channel. Have we reached the moon?