I do not like what I see in this chart and I am really wish to be proven wrong by the markets. However, as it stands, it does look like BTC might be on it's way for a major drop in price. I plotted both a TD Projection and a Head & Shoulder pattern on the chart, both figures are hinting at a very strong possibility for a drop in price to less than $20.000. As a...
As can be seen the price is taking support in the cloud. Currently is in accumulate zone as seen from previous entries in the cloud zone and the way it has always been a support for the price. Look to enter after this week candle formation and next week price action to confirm whether to accumulate or look for exiting the issue once price closes decisively below...
Chain link forming a head n shoulder with a 9 forming on the support line via Thomas DeMarks sequential indicator....easy 12 - 15 percent gain before it tanks?
hit 9th green candle in the hourly. it's down for about 4 hours and then back up.
I'm very new at this, so any experienced traders, feel free to chime in! 3243 is the end goal here, from what my math tells me.