Energy Lines On Crypto Currency

Let us assume crypto is going to catch fire, with blow-off tops which extend, so how hot will crypto prices truly get. energy-lines-on-crypto-currency

The current US economic environment is one of rising prices (ISM Price Index up) while growth is slowing (employment and ISM manufacturing index down), this is stagflation, which is an ideal setting for lower US dollar prices and higher gold, silver, and crypto prices.

An elephant moves so fast, a lion moves faster, each have their own pace or stride, so does a price of a security. Parallel channel lines can show the energy of price moves, therefore we can see what can happen if we map prior energy price moves to a current price move.

Well, it is as good as any other tool out there! Ha!

Chart 1 - LITECOIN TARGET 

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Chart 2 - ETHEREUM TARGET

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