CRYPTO and METALS.....I am itching...

Oh boy I cannot wait (Metals are at the end...)

Meme courtesy of https://goo.gl/images/HfpdGh

I was the biggest crypto bull on the interwebs that was outspoken on my blog, twitter, reddit (before steemit) talking about how big the bitcoin bubble could go in 2016-2017. I first started yelling about bitcoin breaking the logarithmic rounding bottom pattern and setting my price target at $11,000. As you know I was wrong, it went higher.

After the 19000 peak, measuring and mapping the move lower, I have settled on the signal that I am watching for on the prices. And believe me, I am starting to get the itch.

Bitcoin is in a RANGE. Period, end of story. We must wait for this to break before I go all out bullish again. I wouldn't be surprised if there was another low but I am watching the pink line.

This is the 200 day moving average. You can see bitcoin came back and tapped it. The first try almost always fails and now we measure and map the remaining. I am bearish bitcoin until it is back above 10,000 (this line)....but I can start to feel the itch.

Ether is already back above its 200 day MA as you can see below. It rebounded bigly off of that low and now needs to hold.

I have not altered any of these arrows and speculative lines of prospective patterns currently and you can see I called for the ETH rally. I will say that do not be surprised if we see something like this...

But I am starting to get the crypto itch. If ETH and BTC can get back above the 200 day MA, and start to rally you are going to see another massive alt season wake up starting with a couple of these assets below.

First is EOS: Breaking out to all time highs in an uptrend is not bearish and if crypto rallies this is my bet on what performs the best

Second is STEEM: Steem is above $3, which happens to be right around the (you guessed it) 200 day MA. If we stay above that I see us rallying to 10.

If you made it this far you know I started talking about Metals in the title. That is Gold and Silver. I have mentioned how the smart money is soaking up the metals at these prices here. The Pattern that is brewing in the precious metals is truly going to be a GENERATIONAL BOTTOM. Just like I called the Euro Parity failed breakdown bullshit, I am calling for a MASSIVE METALS and CRYPTO boom in the coming months and year.

I am looking for one more failure here, coinciding with NEW all time highs in the stock market, and then we may be ready to go! This is what I see:

You are looking at the possible bearish overthrow of failed breakdown. This is one of the MOST POWERFUL patterns you can find. The boat gets loaded on one side with consensus and it rips the other way.

If you look at the above gold chart you can see the MASSIVE MULTI YEAR rounding bottom. The setup is there later in the year.

So don't get me wrong, while I am BULLISH Stocks...I am starting to get the metals and crypto itch again...