I've been up all night looking at charts so I'm a little too lazy to make this much of an "article," but I wanted to post a couple patterns I found last night so our followers on every platform get to see them...
First of all, it's a bit late now(it spiked a few percent since I posted the chart), but not really at the same time... At the very bottom last night, I started studying the "bat" harmonic pattern and immediately found it in bitcoin's 2H chart.
About an hour ago, I found the Gartley pattern in PINK too...
(Tradingview chart)
Update: Just now(8:20 AM EST), I found the bat pattern in Bitcoin Candy. Extra risky though due to the lack of stop-losses. Myself, I took a big hit over the months after making $20k on it the night it forked, partly due to CoinEx's lack of stop-losses, partly due to being so against selling at losses for a long time. I'll continue to be that way until I get most of the gains I should have had in 2017. Here's the chart... even the highest target zone in this chart is still under a horizontal support line that it held for it's first couple months or so.
(right-click and "open in new tab" for full size, up to 4k resolution)
That's it for now.
Good luck and happy trading.
Update(6/5/2018): See my comment below for an update about a bullish "bat" pattern I found in bitcoin too.
-@MyEmpireOfShit (follow me on twitter to see this kind of stuff as early as possible)
After months of accumulation everything could explode! Good post!
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honestly, I fall in love with bitcoins
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Tweet: "The fib extension on the right is the length of the CD leg, starting from the top of the latest correction. Confluence with that 1.27 extension and the .382 retracement of the BC leg leads me to believe that was the perfect spot to bounce from to continue #bullish #btc momentum."
(this is after the shorter-term "bullish 5-0 pattern" I found that happens after the longer term bullish bat pattern mentioned above).
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