Favorite chart... ETHBTC

18 במרץ 2018

Pretty simple upwards channel that's been going on in ETHBTC for some time now. Very interesting to see that in ETHBTC terms this is all pretty much consolidation for a couple months now. Volume is 'the tell' and is showing massive consolidation and a move to happen soon... My guess up.

25 ביולי 2018

הערה

This chart's suddenly in play. Been seeing it around everywhere now... Not so sure that's a good thing since everyone, or at least the 'Hopium'-filled hodlers, basically are expecting a big bounce.

It doesn't 'feel' like the previous low-channel points though. This time around it feels like this is more a result of Bitcoin fundamentals and bullish sentiment and price-action.

So a likely scenario I'm starting to think might occur is that Bitcoin continues its rally moreso, without ETH participating. And that leads to this channel breaking down. ETH overall continues its choppy, sideways action.
Alternatively, maybe some huge ETH news comes and saves the day and breaks this chart out with ETH exploding up.

We'll see. I'm long ETH but might consider shifting some over to BTC if this breaks down.

7 באוג׳ 2018

העסקה בוטלה באופן ידני

Technical failure here, having not touched the upper channel and now sitting on the bottom channel.
I'm also seeing this chart posted by bulls, high on hopium. Not a good sign.
Target on a lower-low here would be 0.035 initially.