On the chart i've added Monero 4H pattern that occurred in August 2017. Certanly there are similarities up until this moment. It would be very interesting to see how BTC will differ or whether it will repeat the pattern.
Just to let you know, after the end of that patter, Monero went down )) I'd watch out for correction now down to 7.5k or even 4.5k
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Looks like BTC will go slightly lower
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I am "ALL IN" zCash for long term. I've opened a telegram channel and started a twitter account to share news/updates/rumors and my experience with privacy coins in general and ZCash in particular. t.me/coinprivacy twitter.com/coinprivacy
@CryptoCubic I think that it is forming a descending triangle on the daily timeframe. This is a bearish pattern, its invalidated if BTC gets above $13000