Bullish, 550% Possible Upside.On the daily chart we have a lot of bullish potential.
First we have a messy looking inverted head and shoulder pattern. The right shoulder looks like a possible Symmetrical Triangle that just completed its 5th touch and could be ready to blast off.
Also, there is a Golden Cross that happened yesterday.
There are also 3 gaps to fill.
First Gap at $15.50,
Second Gap at $21.70
Third Gap at $70.00
And finally we have broken out of the year and a half long Trend line bullishly, and even backtested it.
If this can break $16.00 that could be a strong signal that this thing is going to fly!
-Not Trading or Financial Advice-
Inverted
Fractal to watchJust curious about this finding.
Yet we are not in the same sentiment, as the setup I took is feeded by ATH narrative and lot of retail buys.
Also weekly is almost confirming the setup, I'm just missing a HH on RSI (meanning RSI is currently showing a divergence, yet we are only tuesday)
US 10Year - US03MO - Yield Inversion (Posted 01FEB23)In this chart you can see how inverted we are and for how long on the 10-3mo. I also have the 10-2YR chart that I will link to this also. This is a recession indicator. It will be interesting to follow this chart as the FOMC tries to bring the curve back under control. I will return frequently to run the "Play" and see how they do over the months!
BTC INVERTED TEST CHANNEL BOTTOM FROM DOUBLE TOP Retest bottom channel LONG TERM TARGET! Than a INVERTED DEAD CAT BOUNCE. Inverted charts have the same moves a normal charts do. Gotta switch perspective sometimes. After touch of channel I believe a 30-50 % dead cat bounce March April, May? Historically bearish !! GOOD LUCK
When The Direction Is Unclear, Change Your Perspective (BTC)
The initial descending wedge I noticed in my previous BTC idea
turned out to be part of a much larger wedge on the daily chart, which is quite hard to notice, unless you flip the chart upside down.. If your bias does not change, then you're looking at it wrong.. BTC is 'bearish' to those who haven't changed their perspective while looking at the chart.. And by doing so, a hidden trend is revealed... If this pattern played out in a normal situation, you'd expect the exact same thing to happen as indicated by the chart, however, notice the scale, it's inverted :)
Now... When you flip the chart back to normal, it reveals a pattern that really should be 'obvious' but it's quite difficult to remove the 'bearish bias' that most have, which is preventing them from seeing the large wedge on the daily chart...
Now that everyone is fearful, Smart money is acting greedy with regard to BTC...
BTC is deceiving us all.. It is silently mooning... Big money needed time to join the market...And their time is running out...
Get ready for the 'dump' (Actually means pump given the inverted chart)...
I've included an initial expected target upon breaking this major wedge & will re-assess once we've reached it. Stop-loss also added in event pattern is invalidated.
Previous BTC ideas below:
Good luck everyone, & good trades be with you.
*Ticker symbols below, ignore these*
INDEX:BTCUSD INDEX:SATSUSD BITSTAMP:BTCUSD COINBASE:BTCUSD BITFINEX:BTCUSD BINANCE:BTCUSD BINANCEUS:BTCUSD BITTREX:BTCUSD BNC:BLX NASDAQ:BLX BINANCE:BTCUSDT KUCOIN:BTCUSDT BINANCEUS:BTCUSDT COINBASE:BTCUSDT BITSTAMP:BTCUSDT POLONIEX:BTCUSDT
Bitcoin Chart - Inverted. Last Chance at these price levels. Invert the chart, swap the candle color of the bars. Hard to be anything but bullish. Clear channel formed, fundamentals are all bullish. We could squeeze to 38-42k so other than some to buy a dip, my money will not be in fiat when the opportunity to be in Bitcoin this low may never happen again.
Inverted Head and shoulder is BTCUSDT predictionBtc is going down to reach 30K+
Simply because people and merchants still don't accept crypto for buy and sell.
People want cash for holidays.
Any way the low BTC price will reach 28,000 - 30,000 USDT but not for long and In will give an inverted Head-and-Sholder to reach 80,000 USDT in no time.
Check the chart and send me your feedback and comments.
Best
Bonds - 10Y note - in 3D InvertedSometimes it helps to invert the charts, particularly in bonds where price is inverse to yields, to see what the pattern looks like in the mirror. Bull plays in Big Tech would benefit from a bounce of this monthly neckline. As long as yields increase, and the Vix is elevated, the Santa rally is waiting for the sleigh to get out of the garage for repairs.