Browse Stacks: Patterns: Trendlines: slopechart_$SPX/$BTC.jpg


$LTC/$BTC video posted earlier got me going again. Buying BTC at either channel break would have put you in at 10k or so for the current bull market. 50/200 is a hangover from me looking at other things, but if you had the cajones to go in on the crossover you could be buying a jacuzzi right now with your 9k entry point. 

On a sidenote: I liked the Litecoin video from the perspective of observing other people's ideas. The enormous downtrending channel over the last 3 years on my similar chart makes me very wary. I guess we will get an answer about all of that over the summer. Sure it can bounce, but I have trouble believing in 4x derived from 2017.

Image added via SlopeCharts


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