Let's take another look @ this BTC/$ chart (Bitfinex) ! We had an UP , which was stronger than I expected , although the UP was predicted and advised to trade. Now we've come to a critical point , 2 trendlines crossing , BTC price is on top of the red downward trendline and on top of the black upward trendline. It's not impossible the uptrend continues from here....
Hi , bah bah bah , just typed a lot of text but deleted it accidently. Sorry , but use of tradingview still not OK for publishing. Here we go again. Reversed Cup and handle not applicable , so removed.. On my theory there's plently of room to the upside when climbing on this speed. So my expectation is BTC will climb calmly till +/- 25 April. Till or slightly...
Hi , the reversed cup and handle pattern did not evolve. So, I marked it with red ink and next time will be deleted. BTC 0.19% is still suffices at the conditions for executing this wicked plan. Plenty of room to the upstairs, which would be ideal till a few days before the ending of April. Overthere a few days heavily down. I believe in this because "real"...
A fantasy TA-pattern composed. "Reversed cup and handle" We'll see how it evolves as time passes by. This theory is any other theory wickedgood till it's not wickedgood anymore. Grtz , Mekongriver , aka @stadsmanneke , aka the inimitable toréador.
This chart ( hourly) is a zoom in of my previous "Wicked is good !" big picture chart. I believe the first little red arrow down is finished now. Next days the $ / BTC will stabilize a little bit around the blue (very old) trendline. Sideways around +/- 7500 $ / BTC , till we switch to the second little red arrow. We will see that clearly very soon. grtz , mekongriver
According to previous matching Fib Time Projections , BTC/$ will continu to struggle till beginning of May , here a REAL trend turning point will occur. Till then FAKE up and downtrends will follow. There is a real possibility BTC/$ will drop to 6000$/BTC before beginning of May and the turn around begins. Mekongriver