People are over exited about Inverted H&S formation or Small Triangle formations but they forget the bigger pattern makes the direction of market.
In daily chart I see this "Right-Angled and Descending Broadening Formations" which it can be Bullish or Bearish but in a down trend must of the time it breaks out bullish.
As I see it can breakout upward now but...
Many people are super excited about Bitcoin breakout but they not realize that now BTC acting like shitcoins.
This is very disappointing, this shows there no real interest in it. It's life depended on PUMPs. It is play ground for whales, this Bitcoin isn't that Satoshi Nakamoto liked to be.
A Bullish Gartley pattern is under forming on ADA chart, first it will go down to the Point D. Then it will reverse the trend.
If BTC start it's Bull run in next days it is possible this dip of ADA be the last one in this year.
This is what I see.
The ADX line shows us the BTC is in accumulation phase and also it shows the past 23 days of BTC moves was not a Bull trend the ADX didn't go higher than 25%, Thats very bearish.
Currently price consolidates in a rising wedge which is made between uptrend line and the 25% level line of fan, this is also bearish.
At the end of chart we have 3...
I just like to show you something I saw on Binance order-book.
This is big buy orders (support lines) arrangement on Binance before they disappear from order-book.
One thing I don't like about Binance is they don't show the whole order-book or market depth.
They hide the big part of it from public and this lets the whales do what...
The current market volatility is beyond my limits and I decided to stay away from it and have some fun.
Yesterday we saw a crazy price action in BTC market and I kicked out of my trades on Binance.
In that time, I kept my eyes on order book and I saw some good stuff there.
Just look at this screen shot:
Whales sitting down there...