Weavs844

Waiting for confirmation..... WAIT

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Waiting it for breaking the trend. I think what most people are looking at right now is deceiving.
Comment: Perfect bounce off the top resistance line. And then the bottom one....
Comment: As far as where I think we are going, I'll leave this pattern here. Is the pattern from the Total Market Cap of end of the previous bear market back in 2014/15 against the current Total Market Cap today
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Comment: Weird it shot up... what were the odds... Hopefully are people are paying attention to this.
Comment: Just an update the original chart on here. It did break the trendline from the the second high, but did not break the RSI trend line on Bitstamp. It did break the daily RSI trendline on Bitfinex and Binance though. I'm still following that Total Market Cap chart pattern on when things go up or down right now and until it decides to break this pattern.
Comment: Possible bearish pattern...
Comment: Looking at the BLX it looks like the Bit coin price may have broke the trendline. It is testing it right now. But I think it looks promising for higher prices at least short term... Looking at the previous pattern we should go up and back down mid November before going our bull run.
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Comment: So as anyone who has been watching the market has seen we have been going sideways for about 10 days now... Starting to make the fractal I drew before not play out. So what I have here is a fractal showing different patterns playing out in longer or shorter increments, but they still play out together.
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Comment: So this would not lead to bull market until early next year... Which sucks... but we'll see. Here is a close up showing how I am hoping we are breaking up very shortly and hopefully have a nice month ahead of us at least.
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maybe we come up to test these areas in next 48-72hrs, need that weekday market back to find out

A winter sunday play on Bitcoin, bulls towards $4600


good trades and thanks for the chart
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I’ve been doing a fractal analysis of one of my altcoins compared to a previous bottom formations and the price movement is quite in line with yours. Also many alts are showing multiple reversal signs. I think many only analyse BTC as the whole crypto market which is wrong in my opinion. Altcoins should be equally represented so when looking at the total altcoins marketcap there are promising signs of a reversal.
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So this would not lead to bull market until early next year... Which sucks... but we'll see. Here is a close up showing how I am hoping we are breaking up very shortly and hopefully have a nice month ahead of us at least.
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Poukitoun Weavs844
@Weavs844, one of my alts that always moves with BTC is showing potential recovery in early to mid December so I expect BTC to do the same. This is line with the rescheduled official launch of BAKKT, I wouldn’t be surprised if they rescheduled it to make it look like they are saving the market ;)
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great job!appreciate it! could you tell me how to show "Total Market Cap " in your charts?
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Weavs844 LewisYao
@LewisYao, Can do total cap at this site: https://www.coinsignals.trade/
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Just an update the original chart on here. It did break the trendline from the the second high, but did not break the RSI trend line on Bitstamp. It did break the daily RSI trendline on Bitfinex and Binance though. I'm still following that Total Market Cap chart pattern on when things go up or down right now and until it decides to break this pattern.
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Perfect bounce off the top resistance line. And then the bottom one....
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Weavs844 Weavs844
@Weavs844, wish I could remove this... lol
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