Same idea as the first chart I poasted a week ago but now the paranoid schizophrenic has found EVEN MORE patterns in the numbers! The colored support lines that we are ranging through right now seem to be a scaled down fractal of the price action we saw in fall of 2019. As of this chart's publishing date, we have just bounced off of the first orange support line,...
Not too much to break down here. Most of ETHBTC's major price action seems to follow this tri-top pattern. Red line through the middle is a pretty consistent point of support. If you zoom in you can find more tri-tops. Didn't want to clutter the chart. If the chart is going parabolic, you're likely entering into a new instance of the fractal Not sure how to...
There seems to be strong resistance at the 70-75 range on the BTC.D chart. Similarly, there appears to be a long-term trendline acting as support, starting at the ETH+Alt peak in January 2018, which would meet the resistance line in late 2021. Colored trend lines running through 2021 are potential support zones. Strategy here is to sell BTC for alts when the...