Pretty self descriptive, FA is there for sure, TA is looking sexy af, hidden bullish divergence with a higher low on the chart and a lower low on the RSI plus breaking out of resistance/sym. triangle.
I see two major possibilities here, if the parabolic trend continues we'll see some exponential rises followed by an exponential fall. If we see a minor correction here in the next days we could see a handle forming and would have an excellent cup & handle, which would be a good point to load up the bags IMO not financial advice. If the former continues I will be...
Resting on support, previous resistance, fractals look nice a lil stretched an shorter but I'm definitely expecting a nice rise soon, if the fractals play out I'd say a good target would be 6000sats.
Possible STEEM fractals playing out. Of course BTC could wreck everything if it takes another plundge but if not I think we have a good chance of this playing out. Either way it's a good entry point for STEEM IMO..
On Twitter I see so many people bearish, but all I see when looking at this chart is a support being tested and holding. This is not a bearish sign, there were specific circumstances today, price dropped, support held. This is a good sign to me, I wouldn't be so quick to call BTC bearish just yet.
I don't care what nobody tell you, if BTC can hold that uptrend and cross that downtrend line, I'll see you on the moon fellas. I believe that'd put the whole market bullish for a time.
