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RSI divergence along with shorts spike.
We might be having a bull run very soon.
EOS' confluence zone
BTC starts to form a 4 point continuation.
Understanding the market cycles by the whales will help not to panic buy, and panic sell.
Here's my theory of BTC.
Longs increasing, while shorts are decreasing.
Buyers will eventually be exhausted.
But keep in mind, Simpson can play with us as well. ANYTIME ;)
Take a look at RSI and compare it with the price!
Bearish divergence + Rising wedge.
Reversal is incoming.
WS will sell til March 2nd-8th.
Have your seatbelts on for the drop.
BULL TRAPS incoming on the way as well.
*Do your own research. Do not blindly follow this though.
Sell-off ends on March 2nd. Sideways for a week then.
Be careful. Invest responsibly.
RSI is almost oversold. The bounce is probably going to be a deadcat bounce but if you are looking to day trade, go ahead and pay attention to the RSI!
Will BTC hold its impulse wave movement?
Xrp is showing its previous patterns of bull->bear. What happends now?
The crypto market is heavily manipulated by automatic algorithm computer traders, which causes to pump with injecting significant amounts of money, and wait until people FOMO, which I did as well. After that, bots tend to DUMP everything and so do people.
You can notice the price surge in the chart. They tend to go up and back down in a matter of ...
If BTC forms H&S, we might see a sudden drop. However, if it breaks out and does not form H&S pattern, bear market is possibly over for short term.
(Just my opinion: Looks like it is heading down to test 7.8k support.)
XRP had an incredible bull run yesterday. Can this considered to be a 'mini' bubble?
Your money, your choice.
Can't give any advises because it can not be confirmed just yet. Sit back and chill for a bit guys.
BTC had formed many head and shoulders patterns, showing bearish signs.
Will BTC really have the momentum to go up?
Buckle up and get ready for the rollercoaster ride.