The compressive corrective triangle now look more like an ascending triangle in an extended form (A-ABC-B-ABC-C-ABC(?)-D-E). I have integrated BTSBTC pair TA to be able to apply a better pattern recognition on BTSUSD pair.
note that point E can be lower, forming a bull wick in the case it goes lower. In this circonstance, the projection is still valid, in fact i would love to see a bull wick at point E which act like a catapult for the next impulse.
I have some people recently accusing me of copying Hae Jin, i always gives credit when it is appropriate. Please note that this post is not inspired by hae jin, and yes i know he posted a blog about an ascending triangle but i did my own work here and i applied my own conclusion.
DR. You keep going. PPL logic doesn't hold water. So if engineer A comes up with the same Theory or formula an Engineer B does that mean engineer A is copying engineer B or does it mean they are both engineers and have the same educational training or read the same books or have the same path of thinking as an engineer, or maybe went to the same school.
Keep going and educating the masses the unlearned are far and few (Except in America, look who we elected as president).
ademakayasa
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Are we gonna see 2000ish (in satoshi) again?
RokPraprotnik
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looks like we are forming E
UnknownUnicorn1540828
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@RokPraprotnik, yea i see bearish trend forming, time to stack some BTS for the trader. point E/bull wick could be at 0.45ish or so
Keep going and educating the masses the unlearned are far and few (Except in America, look who we elected as president).