tdep

tdep Updated 

The graph says it all. The previously formed bullish ascending triangle has not yet completed. Also, on a smaller timeframe, there is also a small bullish wedge forming. Everything points out to a small bull run, which in my opinion is part of a bigger picture (see related idea) Support engaging with this Idea and follow me on Medium: tdep.medium.com and on...

tdep

As the graph shows, a potential bullish Head and Shoulders pattern is almost formed. Once it forms, and BTC breaks the neckline: 1️⃣ A small drop might be expected, as in many head and shoulders patterns 2️⃣ Prices will follow an uptrend to ~$38K which is our target prices zone 🔥 The pattern is validated by: 1️⃣ The Volume : it is ~equal on the two shoulders,...

tdep Updated 

In the hourly BTC chart, after a quick pump, there is a rectangle-shaped consolidation phase, indicating a possible bullish flag pattern. You can also see the acc/distr backing this up. This is most likely a bullish flag, but remember that flags sometimes carry the possibility of Market Reversals. Be careful and only invest when patterns are validated

tdep Updated 

Hi, this is the first time I publish an Idea. But this seems a clear Bearish Head and Shoulders pattern on a hourly chart, and the prices are about to break the neckline