My BTC forecast (NOT Professional)
Updated
Once upon a time,
Based on my hypothetical assessment, this chart reflects the "starting point" of the triangle to be June 4, 2018 "DEATH CROSS". In light of the 200 Day EMA's current trajectory, and established LOW, it appears to support the few rejections aligning the top of the triangle nicely as noted by the yellow circles. As such, IF all things stay equal, my BTC forecast for the next few months are as follows:
+Best case scenario, BTC makes a significant trend change on/around April 20th;
+Worst case scenario, BTC makes a significant trend change on/around May 20th;
+Doomsday scenario, BTC breaks below 3,100 (YOU pick a day)
*The green lines are reasonable representations of the price channel BTC will bounce around-in, with "slight" deviations above/below it of course, until the significant trend change occurs (i.e. "GOLDEN CROSS").
The End.
Based on my hypothetical assessment, this chart reflects the "starting point" of the triangle to be June 4, 2018 "DEATH CROSS". In light of the 200 Day EMA's current trajectory, and established LOW, it appears to support the few rejections aligning the top of the triangle nicely as noted by the yellow circles. As such, IF all things stay equal, my BTC forecast for the next few months are as follows:
+Best case scenario, BTC makes a significant trend change on/around April 20th;
+Worst case scenario, BTC makes a significant trend change on/around May 20th;
+Doomsday scenario, BTC breaks below 3,100 (YOU pick a day)
*The green lines are reasonable representations of the price channel BTC will bounce around-in, with "slight" deviations above/below it of course, until the significant trend change occurs (i.e. "GOLDEN CROSS").
The End.
Note
Note: If similar triangle pattern is drawn over LTC, it shows it entered into BULL trend on Feb. 8th. For ETH, it is any day now, but appears to be consistent with happening on/around Feb. 28th (post-Constantinople).
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