📌 ridethepig | Homerun for BTC
Here the choice is between another sweep and marking a bottom. The first results in a discovered temporary pullback which allows early buyers to start getting excited... but the second moves involves a slingshot, automatically through the pivot.
A quick review of the initial charts we have been tracking
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This was the...
📌 @ridethepig XBT Market Commentary 19.12.2020
So we have the following picture; the prince slowly approaching his city after slaying the dragon, rescuing the princess and conquering the treasure. All the ministers and advisers are wanting to meet for a hearty breakfast and consider the correct way to balance the rewards. This picture is intended to convey how...
Lets start by measuring the enthusiasm, the radius of the attack by looking at the previous diagram and understand why $21,000 is key for unlocking the next chapter:
All is clear...Buyers have the control, there is very little to prevent the test of fresh all time highs, meaning we need to keep an eye on the impulsive extension target at $34,820; this...
