niquedegraaff

niquedegraaff

In many ALT/ETH charts i find the same pattern: They all topped out at resistance. And looking back in history, this is a time to convert some alt gains back into ETH.

niquedegraaff

Ascending broadening wedge in final stage. Confirmation line tested. This is the last stage before liftoff.

niquedegraaff

I don't think much explanation is needed here. Past breakouts were followed up with +10% moves up to 125% moves. Watch very carefully the next coming weeks!

niquedegraaff

Add up all the bullish indications, patterns and price action. It's just staring us in the face.

niquedegraaff

I just noticed a suppressing RSI trend from all the way back in june. It's about to break. We're at the bottom of the channel. Seen Bullish Divergence. And RSI is squeezed all the way down. Something explosive is building up.

niquedegraaff Updated 

After this scary drop, we're inside the golden pocket. It's pump or drown here, but not giving up yet. Both daily MACD and RSI show bullish divergence for weeks now. Even though everything looks extremely bearish, and TA doesn't seem to work. BTC still screams for a reversal like it did last year.

niquedegraaff

It's very simple. We're still way off from a 61.8 correction. I'll only start to become bearish if we close a daily below the golden pocket (8455).