HI!
I dray 2 lines on Daily chart at begining of october 2018. In middle of october price dropped so it fell out of my triangle.
According to theory price should near these red lines in near future.
Now we have 3 possibilites:
1. price goes up and hits upper line (bull scenarion)
2 . price bounces from my bottom line and goes down (bear scenario)
3. price stays on same level ... we have to wait
This is for educational purposes only :)
Best Regards, R.
p.s. I am permabull so the price will drop hardly just to make me mad
I dray 2 lines on Daily chart at begining of october 2018. In middle of october price dropped so it fell out of my triangle.
According to theory price should near these red lines in near future.
Now we have 3 possibilites:
1. price goes up and hits upper line (bull scenarion)
2 . price bounces from my bottom line and goes down (bear scenario)
3. price stays on same level ... we have to wait
This is for educational purposes only :)
Best Regards, R.
p.s. I am permabull so the price will drop hardly just to make me mad
It looks like BTC gave some food to humble permabulll :)
It's very sinteresting wathing ideas that were published about half year ago.
BR R.