Hello Everyone~ It appears today that Bitcoin has decided to take a plunge below 6600 in what I believe to be a minor accumulation area before we rally into the next bull market... You will notice I have highlighted the last 3 major legs of support that BTC has to stand on. The first leg of support is along the roof of the local falling wedge (6550) that BTC...
Hello Everyone~ We can see from the chart above that we are at a minor resistance level ; if we fail to break above the downward arrow resistance line out of this falling wedge , I predict further sell-off leading to bitcoin finding a new bottom in the high 4 to 5 thousand range. This would fulfill a rough head-and shoulders pattern that has been progressing for...
Hello everyone, Hope you are having a wonderful thanksgiving weekend (if you are American) and a great day for those elsewhere. Lets jump into this~ as you can see here we have XTZ in an Ascending Triangle pattern which is a bullish pattern that suggests continuing momentum. Highlighted in the circle is where the best buy opportunity will be found in the...