Memes
BTC on Thanksgiving DayBTC went down to eat some turkey. As we can see, the cryptocurrency has finished eating the turkey and continues to grow.
$BTCUSD hourly bounced right off the 0.382 fib level...Now let's see if we can get some fucking upside... UWU
xbtMost levels above are tested. Only longs were at the solid green lines. I dont like that we didnt gain on the daily at 7530.
BTCUSD: RSI Reset + Bounce off the KC Lower Band #IntradaydreamAs you can tell by this 8 x 10 colored glossy picture, we will likely see some nice intraday movement. You can see this clearly by looking at the circles and arrows to help you out I will even add these paragraphs back describing what each one is.
For the trendlines, we can see what is pretty close to an ascending triangle, but it isn't perfect by any means; I am only considering this as an ascending triangle because of the state and size of the cryptocurrency market. We can see declining volume which could be accumulation which is what is expected with ascending triangles.
The RSI has been cooling off for the past few days and has just jumped into even territory on the 2h; this is while reaching levels not seen for ~9 months on the daily. at the same time.
We have also seen that we have received an intraday buy signal from the KC.
*Jumping up and down yelling " trade, trade, trade "* (Entertainment Only)
eth shortttttttttttttttt 174.1idk still bored. we gained 174ish. closed below the level that brought us up so we are retesting. Looking for 172ish at the least. took the trade at 174.1
BTC 2018 Bear Market meme TrianglesThe 2018 BTC Bear Market is littered with these Meme triangles. Despite many CT accounts suggesting they're bullish formations, 75% of them are 'Continuation patterns' See well known educational websites.
The current Triangle we're trading in is arguably a 'Descending Triangle' which is bearish.
Previous formations in this bear market have resolved with a breakdown ~65% of the way to the apex of the Triangle. This would be 24 September 2018.
To generalize is to be an idiot.He who binds to himself a joy Does the winged life destroy; But he who kisses the joy as it flies Lives in eternity's sun rise.
~ Jake Paul
Doge/ Dollar ~ BitcoinA lot of altcoins behave like bitcoin, the market gives many opportunities to earn, try and do not regret
bear market is a meme.to the moon. 9.2k next resistance, dont let the beartards fool you. My earlier short scalp was closed in profits like a boss
