ethmoonbase

ethmoonbase Updated 

>implying

ethmoonbase

Looks like we may retest the lows. Dont trade based off of me, too many factors. Even I am just flat currently.

ethmoonbase

Personally don't use the ribbon much, but this is interesting. Would love to hear some second opinions. Last few times the daily closed completely outside, hanging in air, we went up. However due to the current state of fundamentals.. I cannot say this is to be trusted.

ethmoonbase

I think were going to test both these red lines.

ethmoonbase Updated 

It looks like its wanting to test lower support, lots of people are underwater on their longs from last bounce, dont count on the bounce, if it does bounce, im watching these areas.

ethmoonbase Updated 

Bitcoin seems to love these lines. I'm watching dark red for a pull back.

ethmoonbase

Bitcoin appears to have a hidden time trend. It seems to be trending towards the year 2019. (seriously though - look at the big picture.)

ethmoonbase Updated 

No prediction up or down, just another point of interest.

ethmoonbase Updated 

Well it bounced. At this point I cannot predict if it will. I do know that these 4 points are going to be potential pivot/lagging points that will give enough time to consider entering a position.

ethmoonbase Updated 

Very safe bets here.

ethmoonbase

But for how long and which way? Guess we will know when it it bounces or crosses the red line.. im thinking maybe another bounce. Waiting for confirmation to be safe. I think this is a very safe setup.

ethmoonbase Updated 

^ chart from yesterday that worked out quite well.

ethmoonbase Updated 

It certainly is comfy inside its box. I'll be following it to the next box it crawls to.

ethmoonbase

(Looks like the bottom line shifted before I publish couple seconds ago, dark green line goes under today's 7/4 daily candle. Rest is the same.) Haven't followed $STEEM much, but these fractals are quite telling.. Pullback to line before next candle up?

ethmoonbase Updated 

All red lines are clones, same angle. (with at least 3 touches each) Each spike seems to come down and hit that line on either the light green bottom line first, then the dark.

ethmoonbase

Most relevant trendline right now in my opinion (vwap not part of analysis))