- The most recent pump has painted a bearish divergence on the 1h, 2h, and 4h RSI. - If Bitcoin dumps from here, or even from a little higher, this could indicate the possibility of the formation of a Bearish Ascending Triangle if the price retests the ascending support line. Ascending Triangles are characterized by a series of higher lows but the same highs. The...
- The most recent pump has painted a bearish divergence on the 1h, 2h, and 4h RSI. - If Bitcoin dumps from here, or even from a little higher, this could indicate the possibility of the formation of a Bearish Ascending Triangle if the price retests the ascending support line. Ascending Triangles are characterized by a series of higher lows but the same highs. The...
Well, after couple of busy weeks, I'm happy that I'm back! Seems as if seasonality is kicking in, and my previous bearish btc prediction may kick in even earlier than what I initially anticipated (in autumn, not the summer, but here we go!). Both of the charts are in great detail, so there isn't much to say. It's a very basic yet effective approach (do not like...
In this Triangle we can clearly see that we have a bear Triangle Chances are breaking downside.
Hide the women and children! There are bears lurking in the general vicinity. Could the Mt Gox rumor be throwing shade at BTC? Will the Bulls hold the line? We are doubtful on the latter, that is definitely a bearish triangle developing...the next support looks as though it is 8050. xoxo GoldenParachute
XRPUSD Has been for sometime now in a very bearish trend. There is no fighting this so why not earn while we go down right guys? What I am watching play out here is another(!) bearish pattern forming on XRPUSD. As you can see I am already in the trade and things have stayed in profit the entire time. Watch with me as we see this trade play out.