Looking at a BTCUSD -0.58% chart and USDBTC chart to help overcome any bias seems to show that BTC -0.58% MIGHT be forming a triangle here
Looking for us to hold this zone over the next few days - I think we might hold because this is a massive demand zone, and for the move up I see the descending trendline as where we get rejected
I COULD BE WRONG - Generally, i'm much more certain about a count before I post it but this is still only a theory, I expect to break down from where we are... BUT if BTC -0.58% Finds support in this range i will default to this chart immediately
Let me know what you all think since this is still a work in progress
@hatmaendik, ur good homie, but u weren’t wrong ive been wrong plenty of times too. Just not all the time lol
bokeb
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hmm.. Can you explain to me the value of looking at the same pairing in reverse? It just causes you to make the same predictions but in reverse.. yes?
NotGemini
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@bokeb, sort of but it helps a lot with bias, youll notice somethings that you otherwise wouldn’t. For example on the usdtbtc chart the horizontal resistance looks much stronger than on btcusd
apelord
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doesn't get more textbook than this
NotGemini
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@krishisdead, yup if we’re gonna bounce, there’s no better time than now
BeckyDD
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We've been right on our BTC predictions. Come take a look guys <3