Checking Peter Brandt's book, trading commodity. I found a pattern curiously that fits very precisely with the current bitcoin pattern. It is a continuation pattern of the upward movement, attached the image of Peter's book, it could be a great possibility to see a strong movement in bitcoin.
I will tell something to all bears and fools who expect a 7.4k drop. Do not miss this climb for their ignorant and stupid predictions, only impoverish them more, have the glimpse of rationality at the moment when this breaks upwards of not putting a short that liquidates them. I wish you success and I wish you not to remain in absolute poverty.
Bitcoin is in a bullish channel, much remains for the fatalistic predictions of those for stupidity, for acquiring fame or some kind of recognition. They mean constantly that we are going to go down, let's go guys don't be silly and ridiculous, you have to have perspective, attached the previous bitcoin bullish channel.
in the past bitcoin has tested more than 11 times the ema 144 in the bull markets before continuing its rise. consequently it is possible that this will happen in the near future. Consider that ema 65 has been a great support so far.
I attach the images of those moments of great rise in bitcoin after testing this...
Good morning community. I have been exploring the patterns associated with the use of emas in BTCUSD. reach a quantitative conclusion based on the following criteria: use the 6H graph, together with the exponential moving averages of 50,80,100,144 and 200.
The hypothesis I reached after an exhaustive analysis was the following: when the price of ema 200 is below...
in the same line of bitcoin analysis. Ethereum is immersed in a parallel upward channel. demarcating his parabolic movement. for ethereum I am more optimistic about the launch of eth 2.0 in January 2020. the lines that I trace are possible paths that I hope ethereum will follow in the near future.
bitcoin is a great crossroads. We could lose the current parabolic channel we are in. thus obtaining a larger correction. let's be attentive to what happens. I see 2 possible ways. enter a new channel temporarily bearish or retest the current minima and continue with the rise in the same parabolic channel in which we are.