Kickyou77

Kickyou77

Method: 1. Draw best representative overall trend line (green) 2. Draw fibonacci retracement from local minimum to local maximum following the 2018 peak -> I consider this local minimum as the start of the "new era" of crypto as during this time, many financial institutions have started to on-board to crypto -> There is considerably more crypto awareness both in...

Kickyou77

First major cycle of the altcoin run-up looks to be coming to a close. ETH is looking weak on volume, and has crossed the 1.618 line. The buyers that created the bottom in March of this year are likely to start selling as the momentum dies down. We will likely hit support at 330, with potential to reach 290.

Kickyou77

Price seems to be caught in upward channel. Take profit at the yellow line.

Kickyou77

Rejection at 3.90 to trade briefly in 3.60 range. High probability of breakdown into 3.40s. Depending on how negatively Bitcoin is affected by stocks, there may be a possibility for 3.20s range.

Kickyou77 Updated 

Buy points at 3.70, 3.50 with a bounce expected at 3.50 before retracing back to 4.18

Kickyou77

Following the same pattern as the previous major drop of LINKUSD , I predict a drop to the .382 resistance line (approximately 2.85 - 2.95) before bouncing up again.

Kickyou77

Test

Kickyou77

I'm just messing around with Gann fans to test it's predictive nature.