The power of 3
At the moment the price is in a range, then I guess there will be manipulation and expansion because before every big move there is a shakeout, after that, I think if there is good news around bitcoin integration the price will try to fill the gaps! The idea is speculative based on time range and proportions!
The fractal markets hypothesis asserts that time series data of stock market prices exhibit properties similar to fractals and attributes these properties to varying time horizons and information among investors.
Technically we are still in a bear market and have not broken the 69k trend line! I won't be surprised if we see prices around 12k for bitcoin and maybe even lower... there is a conspiracy theory that we will see prices around $8629
This is not financial advice, just conspiracy or speculation :)
The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a continuation of the same trend.
I very often see how at the end of a...
If this scam is an ABC correction and the uptrend is maintained, I expect it to make a liquidity grab once again! Liquidity grab is an important trading practice in the Forex market, often used by big players looking to enter or exit a large position. Depending on your strategy and goals, you can use them to spot opportunities in the market and minimize risks.
Trading Broadening Tops
The breakout direction for Broadening Tops
The trade is to buy when price touches the lower trendline for the third time.
Very often these patterns have partial rises and partial declines that are followed by a breakout. When price rises from the lower trendline and fails to make the upper trendline it is likely to breakout lower. When...
How the Internet Computer Works
The Internet Computer is the fastest and most scalable general-purpose blockchain. It extends the Internet with computation: dapps (smart contracts) can run 100% on the Internet Computer as it can serve web contents directly into browsers. Moreover, end-users can seamlessly and securely interact with dapps on the Internet Computer....