Looks like we could have a quick reversal. I'm seeing a bullish RSI divergence on the hourly. Could be a short-term pump up to 21800. If it breaks the larger descending channel line (yellow) we could see the bull run start forming. For all those BTC mooners out there, I'm not saying it will pump up to 100k I'm saying we may see the bull trend begin in the...
I recently predicted the cup and handle breakout upwards. In the back ground we had a bearish penant which broke down to a descending channel. Right now I'm seeing on the 30m a reversal to this recent breakout of the cup and handle and descending channel. 2 things can happen here I see. This small ascending channel will reverse in my opinion, but will it be a...
Was Initialy tracking bear flag. Then that goes descending channel. Now I'm seeing that descending channel break out turn into an almost picture perfect cup and handle. Still bearish in general but potential short term pullback. To the larger bear flag
Pretty new still so take it easy. I see a broadening wedge pattern here and decending means likely reversal at least short term. Looking to see it hit 1.04.
Looking at the chat I'm seeing an entry once it crosses 1.15. Let me know what you think.