Insane bearish divergence on the monthly timescale, indicating a much longer period of downtown to come, likely a worldwide economic crisis. The last similar pattern in the 70's lead to a several year long bear market with a 40% drop in the S&P 500. Will take many months to play out, however. It's likely we could see the beginning of the downturn either with...
This looks like a bottom on BTC, some are flipping bearish expecting a liquidation wick. This could fool people and trap the shorts, or we could see more longs get liquidated in a sudden fifth wave extension.
Maybe, just what it says. Going back up for a bit?
Highest daily candle close in market history, breaking resistance. Weekly close above will help confirm. Half a trillion or more can flow into altcoins.
Just what it says. Here are some approximate but REALISTIC short to mid term targets if it breaks up
BTC is testing the bottom of the descending channel. Could see bounce here over the next week, or a possible overrun into 43 before return to the channel.
Not saying that this will happen, we may have seen the bottom, but just for fun here is an interesting idea for a fulfillment of the 42k target level which many have talked about, using a fractal idea from previously in the formation.
Huge potential here. Big breakout and pullback, allowing a second chance to buy what seems to buy quite low.
But here's a bunch of random lines anyway for your pleasure
If this thing can get legs here, it could be a little known top performer this cycle
Seems like directional move is incoming. BUT WILL IT PAMP? If it does have a breakout, my theory is that maybe we can see it run that .00018ish target. I'm not long but I have spot buys on it.
Put a variation of this idea out a few weeks ago, now the structure has inversed however. Check it out! BTC very stronk. Possible short term correction first before mega ATH?
Here it is boys, modified version of the previous call. The artificial pumps of today because of the news are generating havok with the markets, and BTC was due for a dump before alt season officially starts.
First targets already run on what seems to be a confirmed XRP breakout. Waiting for the close of the first green candle as the daychart flips bullish on the MACD, and we've begun seeing signs of a pump earlier this morning. What will tomorrow bring? Some unforeseen tragedy? Or will XRP finally get that PAMP PAMP IT
Like a revenant that walks the earth and lives again, few can believe in the possibility of its existence... hated... scorned... cast out... it slakes its thirst by feeding on human blood... From the people who brought you DAWN OF THE PUMP 28 PUMPS LATER and PUMP OF THE LIVING DEAD comes XRP
My two previous charts on BTC were woefully wrong, but here's one I think might be a little better. I'm in this one myself, although not on leverage. As during the previous breakout, we see a breakout from the triangle and a wick touching the resistance zone represented by the purple rectangle. Previously we saw a similar kind of resistance zone on the prior...
The "b" corrective wave may have just concluded and the "c" corrective wave may begin for further downside to test support, before possibly resuming upside on a further series of impulse waves. Will it then test or break the all-time high continuing the bull run, or will we see stronger retracement? It is a time of great controversy, euphoria and FOMO from the...