moontumble

moontumble Updated 

Fib levels and circles here show a potential retrace to earlier support at $215, less structural support seems to stand in the way at this point. ETH is a hot iron due to issues of recent ICO craze induced network congestion, and Coinbase price plummeting briefly but extremely (to $13 from memory, great if you had a fishing line out ;). This spook reverberates...

moontumble Updated 

Could we see a retracement from here, after the formation of what might be a monumentally sized cup? Could this retracement form a handle for a monster cup? So many questions. I closed my margin positions to hodl STR for now, looking for confirmation to enter new positions accordingly. Good luck.

moontumble Updated 

I expect a breakout from either ascending triangle. If it breaks out from the short term pernnant, it would probably happen within the next hour, the price is rising above the 800 mark as I type. If it wants to break out from the longer term triangle, it might take a little longer. This could be the start of another leg up. Good luck!

moontumble Updated 

Hype and fud for BTC seems omnipresent these days, from serious technical analysis, to plain wishful thinking, i.e. lacking any ratio. But where is the crash that everyone is talking about, pro or contra? As often, the truth might be found somewhere in between. Follow me down the rabbit hole if you care to entertain my train of thoughts and technical analysis....

moontumble Updated 

Technical view on ETH (find a macroview chart in update section) seems to corroborate an idea mentioned in my earlier post today on BTC (it is linked below), i.e. we might see a technically supported correction in BTC at the end of April indeed. The wedges in ETH's chart seem to equally converge towards a very pointy area of "forced decision making" by the...

moontumble Updated 

ETH started a similar run just before the last BTC correction to the low 900's. Once that kicked in it was au revoir Bitcoin, and presto ETH with an epic bull run. Over the last days and hours, ETH obviously couldn't wait for BTC to start its own correction business, but instead gave early hints towards its own bullish intentions breaking out of its pennant, and...

moontumble Updated 

Today (or tonight) could be a decisive moment for STR. We are approaching a point where multiple trendlines, both longer term and shorter term ones, converge with the 61.8 fib line towards a spot area that might mark an important point for STR. (see blue arrows). For one, we are now pretty much smack bang in the middle of two long-term trendlines (purple...

moontumble

I had a love/hate relationship with EMC2. I put a sell order in at 340 some time back in April, but closed the position as I got impatient, thus to persue other options. BIG MISTAKE ! Disclaimer: I have since gone long again. From a purely technical level, I think Albert is swinging for the fences. No gravitational pull? Barely... I have marked some target...

moontumble Updated 

Much has been written about the potential inherent in BTS/BTC in the coming days/weeks/months, including by the brilliant analysis of intuit. It seems a massive "cup and handle" has now formed, and we appear to be on the breakout side of the action already, continuing what could indeed confirm the massive surge many in the long position here are eyeing. If...

moontumble

ETH's recent run to all time high, it's subsequent correction, and today's recovery trend all seem to fit both a classic Elliot Wave pattern, and a bullish Gartely Pattern, and the outbreak today seems to support this picture. ETH price seems to run obediently in triangular uptrend from the Gartley's "D" , with a good shot into the 48'ish dollar mark, possibly so...