Kgear117

Kgear117 Updated 

Going to be watching a potential count.

Kgear117 Updated 

Just keeping an eye on these trendlines still. If the trend line from the previous high breaks, given the channels shows I'd expect final destination to be 135. ***IF*** I will continue to update.

Kgear117 Updated 

Just saw an interesting video about old trendlines. Playing around with them, I'm curious to find out if this works out. No need to follow, I will be though....

Kgear117 Updated 

Perma bears will be perma bears. Chart shows everything, with no explanation even necessary.

Kgear117 Updated 

Chart pretty much explains itself. I think we're coming down for a retest of 5800 eventually here. If we get a bounce around 6100, until proven otherwise I'd expect this pattern to continue which would put us at 6500. It is still premature to tell, but we'll see how this progresses moving forward. I have wave II just completing, with wave III just starting downwards.

Kgear117

As you can see, each new peak we get appears to be approx. in the relative location to the .618 retrace of the previous High. Question is: Will this happen again? OR, will bitcoin stun us all?

Kgear117 Updated 

We will at least be coming down to test the 180 area next after a 4hr close below 200. I will update as time moves forward here.

Kgear117

Shorts have gone parabolic, almost back to our previous ATH. Could there be a squeeze in the cards.........?

Kgear117 Updated 

Looks like we've reached the major support zone previous to our last bull run with ETH. Hopefully, this is our last stop. Parabolic SAR still say we could see some downside here.

Kgear117

...................

Kgear117 Updated 

Clinging to the edge, hopefully the indicators are showing us upside is on the way.

Kgear117 Updated 

Hoping for Ethereum to show some signs of life here...

Kgear117

Generally, when the Tenkan crosses the Kijun to the downside more downside is to follow as it is a bearish signal produced.

Kgear117

Well, here we are. Now, we wait to see what's going to happen. I honestly suspect a kickback here, but BTC loves to make a fool out of all of us lately. The best trade is no trade if you're unsure. I need to see it break without conviction, and a few days close above the trend line signaling strength before I'm jumping in. *Don't trade off of this advice*

Kgear117

Btc has found support currently on the 50 + 200 EMA, however in the Log View, the 1200 EMA is currently sitting directly at the trendline in this view, approx. ~ 8650-8750usd. Btc could face rejection or it could slow us down a bit. *This is NOT trading advice*

Kgear117

Did we actually break the downtrend or not? I thought drawing trendlines on larger scales should be done in Log? Can anyone confirm? Or explain if I am incorrect. THANK YOU :) *Not trading advice at all....lol