It seems that the price of Bitcoin is trying to break the upward limit in the downward channel. It is also a crucial potential resistance to the harmonic pattern we’ve described earlier. If the line is broken we could expect another rally to the possible next resistance at the previous top near 10404 USD. The other resistance can be located at 13800 USD.
From the...
Bulls didnt win their red flag today again as it worked on sunday.
QUESTION/SURVEY:
1. Should bears care about these pump times? (no upward wicks, no red candles)
Especially the last one marked in green and yellow, downward wicks only, looks like the market was being completely controlled?
( 2. Else is the crash soon very likely? Can be breakdown from the...
Does this Chart pattern have a name already? Else let me claim the name name.
Momentum changes/patterns are curves. Straight Trend lines can silly/inaccurate.
good day.
Weekend may be used for panic selling
What are we waiting for here?
Did you sell already or did the crypto bubble's mania virus catch you?
If you are long on margin, dont you feel guilty of the bubble?
Why not give your voice for the rational healthy consolidation finally?
All details at chart. I have an idea about unregular rising wedge with end at 6500-6600cny. Bearish ending ofc. After that - forming 2nd point of ascending triangle's lower line.
PL explanation: forum.bitcoin.pl
