Invert the chart, swap the candle color of the bars. Hard to be anything but bullish. Clear channel formed, fundamentals are all bullish. We could squeeze to 38-42k so other than some to buy a dip, my money will not be in fiat when the opportunity to be in Bitcoin this low may never happen again.
Btc is going down to reach 30K+
Simply because people and merchants still don't accept crypto for buy and sell.
People want cash for holidays.
Any way the low BTC price will reach 28,000 - 30,000 USDT but not for long and In will give an inverted Head-and-Sholder to reach 80,000 USDT in no time.
Check the chart and send me your feedback and comments.
With Yields being inverse to prices in the Bonds Market the inverted view offers a mirror image of the price action. Taking the same approach and inverting BTC provides an alternative view of it's ATH Journey.
Sometimes it helps to invert the charts, particularly in bonds where price is inverse to yields, to see what the pattern looks like in the mirror. Bull plays in Big Tech would benefit from a bounce of this monthly neckline. As long as yields increase, and the Vix is elevated, the Santa rally is waiting for the sleigh to get out of the garage for repairs.
The initial descending wedge I noticed in my previous BTC idea
turned out to be part of a much larger wedge on the daily chart, which is quite hard to notice, unless you flip the chart upside down.. If your bias does not change, then you're looking at it wrong.. BTC is 'bearish' to those who haven't changed their perspective while looking at the chart.. And by...
The aim of this post is to provide you a detailed explanation on how to use the daily time frame to create an explicit expectation of direction in the market you might be trading. Directional bias can give you a huge hint on how to trade on lower time frames (e.g., hourly time frame).
What is the value of determining a...
BTC INVERTED 1DAY MACD (12, 26, 9)
1 macd btc run start to macd ath
2 macd ath to macd atl
3 macd atl to macd btc run start
BTC INVERTED 1DAY HEIKIN-ASHI
1 btc run start to btc macd ath
2 btc macd ath to btc 3/25/21 low, dotted extension to triangle top
3 btc macd atl to btc run...
CEI looks to be an inverted H&S and MACD looking like its dying out ready for a flip to a possible bull market, I suspect CEI will have a huge burst into the 300s levels but for now we can be sure it will most likely reach 2 dollars.