Higher lows on the RSI and lower lows on the price + volume decreasing
I think we may see volatility soon.
Particularly interesting as this is a multi year support.
First target $9.50; depending on the reaction could see it continue to $14.50 over few months
Now am I saying the BTC bottom is undoubtedly in? Perhaps not, but give or take a few percentage points; it doesn't matter. If you have a good plan and are DCA’ing, you will be set. Don't miss another opportunity because you're afraid.
Massive upside potential compared to the risk
Falling Wedge Targets
Green Target 1
Yellow Target 2
Orange Target 3
Calls expiring 9/2 for Target 1, then looking to buy a healthy dip
-that is the question:
Whether it is nobler in the mind to suffer
The slings and arrows of outrageous fortune…
>But it’s good we’re just in it for the technology right
>The reality is, an asset is infinitely more risky as its value increases and reaches new highs
As you can see on this weekly chart the price for Link/USD (Coinbase) made a higher low at 15.001 and the RSI made a lower low at 44.1 - I have only seen this divergence on Coinbase.
This divergence alone will not confirm a reversal and the current price action seems to indicate more downside is likely. We can further see the weekly chart forming a...
As you can see above LINK/USD is forming a classic A&E pattern. This would be a clear sign that the bottom is in.
We should know more in the coming days. If all goes accordingly we should see a full recovery mid July and new highs in August.
Thank you for your time. Let me know your ideas.
Please see the above chart, double bottom at $15 had built significant support. I would like to see us break out of this flag - if we get rejected or if BTC continues a downward spiral this will be invalidated quickly.
Let me know your thoughts. Thank you.