A meaningfull discription would be. If current pattern continues and resolves to a wave 5 completion , which ends at 63kish , we have firmly broken prev. ATH and can expect more up. If current pattern discontinues at prev. ATH which sits at 58k-ish, (by means of a firm rejection at that level), the current formation points down and could in theory resolve into...
If you ask me about waves, this is what i think that makes the most sense. A 3 wave "urly adaptor"exit strategy before rekting the 3k bottom.
Did some Wavecount identification done by eyeballing a custom indicator i (for this purpose) fantasized into reality, look below the main chart. If this wave counting stuff ends up to be correct,i will start to believe in Elliotwave. Personally i think we go DOWN, but elliot says different
Looks Like a Safe 4k Range openend Up for BTCUSD. Finally gonna plot some daily(perhaps weekly) open n closes within that range? The market avoided it like herpes, pre 2017 bull aswell afterwards! Guess some "players" have bad associations with the nr 4?
Fib channels added to the presumed price targets mentioned in my previous idea about a wave1 squeeze scenario for BTCUSD.
Meaning full? as if we have a crystalball, what are they thinking at TV? Funny people, those TV guys!. Ok meaningfull as in i have no clue but pondering some log charts and bigger time scales a more reasonable picture , including a so called wave 1 sqeeuze pattern of a hyperwave trend formation appeard onto my minds eye. Such a sqeeuze can be identified before...
NOt much to tell, If one asks what it is based on, its fantasy
Support zone slowly being confirmed by the market
With a bit of fantasy The ship being the (yellow ) volume potential Btc's drop from 6k to this level being the dock, forming the harbour 2008 created BTC, 2019 will Make BTC?
Long Term Bitcoin Forecast And The effect of insitutional money/financial instruments on it's volatility (NB instead of decreased volatility read, volatility decrease)
What more to say when a chart speaks for its self
According to this readout, The Lower Highs and Lower Lows are starting to breakup. We can already see some take profit on the short side (orange arrows)
XLM WILL BOOOOM AGAIN My chart says LONG XLM, it NEVER misses a good moment. I can give you all a bla bla bla story. But i wont