Just an idea for a potential path through september / october for Filecoin / BTC pairing.
Initially we formed a cup that led up to our ATH. This idea assumes we're forming yet another cup, where the bottom of the cup completes something like an inverted HS or a double bottom pattern, and the neckline we need to break to continue upwards, also happens to be our highs from the previous cup.
Let's see what happens here.
Initially we formed a cup that led up to our ATH. This idea assumes we're forming yet another cup, where the bottom of the cup completes something like an inverted HS or a double bottom pattern, and the neckline we need to break to continue upwards, also happens to be our highs from the previous cup.
Let's see what happens here.
Comment:
Update: We're at the end of the bearish cup within the larger bullish cup. and followed it almost perfectly.
I still expect a candle down to the yellow line and I'm hoping for a wick that gets us down to ~0.00136 - 0.0014
I still expect a candle down to the yellow line and I'm hoping for a wick that gets us down to ~0.00136 - 0.0014
If not, and we continue to drop much further than 0.00137-139 (where our last drop ended) - this idea may become invalid.