I am longing here. Bottom of a triangle, bottom of a channel. Higher low. So why not.
So BB bands are tight, and it looks like theres an uptrend forming, if this current candle is the new local which i think it will be.
BTC might see a pump during/after the ETH hardfork, when ETH is expected to dump.
Bitcoin most likely to dump a bit further due to China selling, to be followed by a FOMO rally to the moon!
Still going as predicted. Bouncing back from the support, but with over a day to go for The Halvening, we can expect a small dump back to support before the Big Pump. Monday will be interesting!
Can you hear it...? Blue horizontals mark possible support levels for the coming 10 days.... Happy Dumping! (Full Disclosure: I DO NOT trade Bitcoin)
Bullish triangle, plus bottom of the channel. Going long is a good risk vs reward.
Idea 1 Inverted Head and Shoulders breaks up and fully retraces the dump invalidating the downtrend movement showing strength. Idea 2 Inverted Head and Shoulders breaks down continuing downward pressure and finding support ~3800+ and continues uptrend. Idea 3 Inverted Head and Shoulders breaks down continuing downward pressure, finds support ~3800 and...
Hello everyone. I am at work currently, but snuck away to make this chart. I am seeing this triangle wave pattern. The reason i am ignoring the drop is because i believe the market was in error here. Full panic. And i also ignorted the top of the correction because fomoed too much. Taking these two things into account we can see that a bearish triangle is forming,...
I am inclined to the bull market (gray lines)
Elliot wave patterns. Middle right one. blog.forex4you.com
The description is in the chart.