Andromus_OG
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Andromus_OG
Ethereum is in decline. The short term case looks bearish.
Eth will need to hold the trendline in light blue or else we should expect a deeper decline.
Andromus_OG
BTC is making a bearish pivot in the short term. Target is trend
Just some thoughts on BTC. Because breached the upper range of the channel and appears to be pivoting back to the mid line. If it can't hold there it will likely test the low range of the channel.
Andromus_OG
Path to 1 million BTC
This is just for fun. No research was conducted to put the white line on this chart. I'm merely guessing based on band history. 7 moves up, 7 moves down. 5 moves up, 5 moves down. 3 moves up, 3 moves down. And finally an ongoing climb up to 1 million in 1 up and 1 down waves. It's not actually crazy to image a longer timeframe to reach this goal. Enjoy this amusing chart and if by chance it happens to come try, this is still no prediction. ~ Every coin has two sides, pick one and draw.
Andromus_OG
Potential break down or up depending on how it follows the trend
The line going back to Feb shows a clear trend on the 4hr and other timeframes. This was recently broken and the pair traded down. It appears to be rising back to test the bottom of this tend line in a bearish breakdown; however it could also reverse here if it gets back above the trend line and can hold it. That would lead back to potential for targets in the upper 80's, with downsides to the mid 50's if the trend line is resistant.
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