Can you find any similarities between the old moves and the present one?
I found and it seems like the bots and market makers repeating themselves once more.
We are in the move number 4 which will lead us to get up toward the 3700-3800 then it will move down to kiss the upper line of the big falling wedge since December 2017 at around 3200 then fall again to...
I won't introduce myself as the amateur trader anymore, you already know that from previous ideas if you read it :)
We all know that whether bitcoin goes long or short, it moves in a short term movements, long, short and flat
As you can see in my chart, i used the log scale to track the trend in the big picture which is a downtrend (yellow lines) we didn't yet...
Again i'm confirming that i'm not a master trader but i'm trying to learn, therefore it is appreciated if you can all guide and polish thoughts.
As i can see we are in the middle of a falling wedge that we are trying over and over to break from it to start our bull run but unfortunately we couldn't yet.
We tested the support of the wedge and i think we are going...
First of all i am not a professional trader or analyst, so feel free to adjust and discuss my idea..
As you can see in the chart, bitcoin didn't break the trend line yet on log scale (BTC broke it on linear scale!!)
This is a moment of truth; whether the BTC will touch the trendline and go long or it will break it to 2,993 USD level
I'm a bit optimistic and i...
As i can see we are still moving in the triangle with a price trend pattern
Every 30-35 days we are making a reverse of direction as you can see.
I predict that Bitcoin will go up till July 14th (8,000 USD)
And will hit the resistance and go down again till whales decide to go in again.