Friday, July 21, 2017

My most ambitious chart attempt ever, check it out





I'm in love with the Fibonacci circles on this Zcash chart.  The last two times it hit one, it shot up to the top of the trend channel.


First it was a 4 day move, then it was a 2 day move.  I wonder if it will just be a 1 day move this time.  That would be epic.


It should start tomorrow, actually it may have started today as we are having an upday so far.


At the same time we are coming up against this downtrend line while being at the bottom of the trend channel. 


Sunday, June 11, 2017

New Gold Chart

I mostly post on Steemit these days.  I got tons of Crypto charts, because they move so fast, but I'm also doing the metals and other things when appropriate.

https://steemit.com/gold/@tornadojoe/the-progress-in-the-gold-chart


Friday, May 26, 2017

Ripple




This overall big picture is a bullish flag.  A flag is a powerful up move followed by a slow, weak selloff.  In theory, it marks just the halfway point, so that says higher.


At the very end is another one, a flag inside a flag.  So the conclusion of this flag should take us out of the current trend channel, the bigger flag.  Then the bigger flag might get us to a doubling of the price.