The situation of 14 similar to that of the 2015 Bull Trap post-Downtrend seems to be an additional indicator that this risk is imminent
I recall that the influence at the output of the symmetrical triangle (see my previous publications) is technically complete.
Only the current presence of an , who is a continuation pattern (see my previous publication), can hope for a $ 6k, but nothing more.
On the other hand, the spectrum of the historical resistant oblique, although crossed, remains strong, among other indicators already detailed previously (MA crossing...)
DISCLAIMER: Invest only what you can afford to lose. Do not listen to any "prophet".
Beware of your own emotions potentially disconnected from the market reality (panic / euphoria ... FUD / FOMO)
Here are the two in LOG to emphasize that the similarity is even more obvious (especially the isosceles triangle at the beginning of the year):
Otherwise, the bullish output of the little ascending triangle has been validated as expected by my scenario above. For my part no regrets to be in USD / USDT, because the Altcoins, on which I was, absolutely not benefited from the Bitcoin pump, on the contrary (released at 2990 Satoshis on XLM see my corresponding publication, same ADA, GRS, LIF ...)
that validates more and more my idea of ascending wedge:
But why a shorter timelap around the 2020 Halving compared to the 2016 Halving ?
I liked precisely the idea of the bubble and its bursting around the 2016 Halving (2016-05-16 to 2016-08-15)
that you don't align anymore around the 2020 Halving, too bad ? ;)
I expect the next bubble to be in the fourth quarter of 2021. This is irrelevant to the charts, and it only engages with a period of great change in the global economic situation I think. Your comments helped me a lot. Thanks again.
it's crazy as with banalities we can say everything and its opposite o_O