Brodie_MT

Brodie_MT Updated 

The volume seems to be kicking up quite a bit in the last couple months. We probably haven't seen the absolute bottom, but it is starting to look like the market cycle is nearing an end and we are entering an accumulation zone. Bollinger bands seem to be tightening and the RSI seems to have flattened out. Looking at Coinbase's volume it looks a little different...

Brodie_MT Updated 

It looks like there are some very similar patterns still playing out I have color coated similarities I see. Comparing the two bubbles: 2014 -ATH at the end of November (2013) -Break of "triangle" mid september -New low in January (2015) 2018 -ATH in December (2017) -Break of "triangle" mid November -New low February - March I don't know if the support triangle...

Brodie_MT Updated 

You forgot all about Litecoin didn't you? Since so many Bitcoin charts are focusing on the comparison of the 2014/15 bubble with the 2017/2018 bubble, I thought it made sense to take a look at its little brother. So there seems to be an established support/resistance level around $30. This coincides with the top of the previous bubble and the resistance level on...

Brodie_MT Updated 

So I ,like a lot of other people, got excited with XRP leading the charge on what appears to be an altcoin awakening. Several coins had 20% price bumps and XRP led the charge with a bump closer to 50%. Today I am trying to look at this rationally and base it off what XRP has done in the past, "The Standard" if you will. I see two possibilities here, the first...

Brodie_MT Updated 

Based on the 2013-2015 bubble, it appears that bitcoin could follow a similar path. The $6000-$5700 support line has held so far, but it appears that buyers are running out of money. The overall market sentiment is bearish (just like 2014/15), news keeps coming out that seems overwhelmingly positive yet the price does not react (just like 2014/15), a major...

Brodie_MT Updated 

Two wedges appear to be converging at the same point, with pending Coinbase news on bringing the ETC market live, this looks primed to break out. Conversely all it would take was another bitcoin dip to throw it all off. Not investment advice, DYOR, good luck trading, etc.

Brodie_MT Updated 

Clearly following the bitcoin/crypto hype, Riot Blockchain has been diving from a high of around $46. With the real potential for a Bitcoin ETF on the horizon (decision due August 16, led by CBOE) this might have been the bottom for RIOT. Yesterday, it broke back above the $6.00 mark with huge volume (see candle on chart) which looked like its bottom back at...

Brodie_MT Updated 

BTC is still stuck in a descending triangle. It has tested the base level (around $6k) five times now depicted by the pink circles. The optimist would say this means this is a strong support level, which unarguably it has been, but we are nearing the end of the triangle, and its coming to decision time. The volume is decreasing and the enthusiasm of a bull...

Brodie_MT Updated 

Vericoin started in 2014, essentially as a Blackcoin clone (if memory serves). The development team (Patrick Nosker, Doug Pike, and David Boehm) has been very active over the years and still all work on the project. And the price: Looking at the chart, you will see five (5) price bubbles I am calling attention to since 2014. Since then, the price has never...

Brodie_MT Updated 

Elliot Symmetrical Triangle Correction? Personally I still feel bearish, but this looks almost exactly like the horizontal triangle correction referenced here: stockcharts.com No idea what im doing, just looking at patterns, not investment advice, DYOR, etc.

Brodie_MT Updated 

Basically we have seen ZEC take a huge drop from its previous high around 0.170 btc all the way down to 0.017 (a 90% drop). It started to recover and everyone (including myself, see linked chart) hoped that the inverted head and shoulders was going to be its path to redemption. It started to rally with bitcoin's last push upward (mid December) but didn't make it...

Brodie_MT Updated 

Watching this pattern here. A/E forming and looks as though its just about to the neckline (~$340). In addition to the pattern formation, XMR vs BTC just broke out of a triangular consolidation (waiting on a daily close above upper resistance to confirm). I looked at these charts before realizing there is also a XMR fork proposed for the near future which could...

Brodie_MT Updated 

Short or Long... you decide, but it doesn't look good for SC right now. The red diagonal resistance lines are pushing it into a long term consolidation. I would guess we test that blue diagonal resistance line once more before dropping to level off for a bit prior to a slow bleed back to the mid 50 satoshi mark. This will be the third time something like this...

Brodie_MT Updated 

I am basically basing this idea on the Ignis Airdrop to NXT holders. I feel like it is a very similar set up, see the NXT chart below in the comments, and set your buys and sells accordingly. I have no idea about how high this will go, but there was about 1B NXT circulating at the time of the fork and only 3.3M ZCL circulating (ref: Coinmarketcap.com). At this...

Brodie_MT Updated 

If you had the ability to fight your intuition to sell during this ongoing downtrend, you've done it, and I hope you bought more. Next stop should be $8000 to test the resistance here, If we can break that, on to $9200. Something I also noticed. Bitcoin has not had a daily volume bar this big since the dip in September. Stay sharp and remember we are still in...

Brodie_MT Updated 

Convergent Elliot Wave in a symmetric triangle. Watch the 11300-11500 level. If it holds off the bulls, should head back to 10900ish. If that level breaks, set some buys in the green zone. (Not investment advice).

Brodie_MT Updated 

Just some thoughts on the bearish btc market weve been experiencing of late. Seems like the price is confined to a descending channel and it's been experiencing quick drops with rebounds to attempting recoveries. So IF we get are going through a third attempt at this pattern, we just had our second rebound and the price is dropping a little more (probably to the...

Brodie_MT Updated 

Had a friend tell me that AMD was going to do big things this year and I should buy in. Maybe... or maybe the smart money is already getting out? This is my first Stock chart. Not investment advice (obviously)