Is BTC REALLY Moving North? Inverse H&S + Parabolic Moves?
This is NOT a hope of mooning post. I'm simply observing and posing questions for my comrades (you guys) in the crypto-trading verse. What do you think?? A massive parabola with an Inverse H&S as the base?
I'm keeping all of the rest of the mess on this chart because I want to keep the big possible moves in the forefront of my mind. However, the RSI on the Daily could be playing into this move. The BIG issue is where I placed the green arrows pointing to what may be the biggest battle of the War of the Bulls. Lots of converging trendlines all on one spot.
According to what I'm seeing, May 28-June 4th will be a very crucial week for the Bulls.
If you agree or disagree I would appreciate it being voiced! I'm still learning and can't be learned without criticism!
I'm keeping all of the rest of the mess on this chart because I want to keep the big possible moves in the forefront of my mind. However, the RSI on the Daily could be playing into this move. The BIG issue is where I placed the green arrows pointing to what may be the biggest battle of the War of the Bulls. Lots of converging trendlines all on one spot.
According to what I'm seeing, May 28-June 4th will be a very crucial week for the Bulls.
If you agree or disagree I would appreciate it being voiced! I'm still learning and can't be learned without criticism!
Comment:
At the least, the RSI and MACD moves could be a potential to make some money before the bears take over at the precipice of the bull run!