I drew this chart a week ago trying to understand the next monthly trend. While I initially thought I just f**ked up, it seems instead to have some merit and might not be off as much as it was last week, where the chart literally ran around my generous price prediction zone. I cleaned it up a bit and it's still messy tho.
Long term support trends (orange and...
Since the lows on Feb 6 BTC and all other major coins broke the bearish trend and restarted a promising climb.
Jan 13 was an important step where bull's volume didn't allow a head and shoulders to form triggering an ascending channel that can lead to 14.5k in the end of the month.
The yellow wave is a 36h move that will unfold this evening, it should retrace to...
I'd like someone to comment on te blatant mistake I could have made for this chart. I am not coming from a financial background and I'm mostly testing if I'm finding the correct patterns, or wheter I overlooked very basic indicators.
In this chart I think to see an impulse wave 4-5 after this bullish flag and then a following correction if the macd won't cross...
