Btc breakout emenant. The supply to price ratio shows a downtrend that looks on bring of a crash trend.
Unfilled gap on USDOLLAR/Btcusd chart. Will fill This is on the USDOLLAR/BTCUSD CHART- which is a glitch chart on TV that plays into btc trading constantly
Unfilled gap from December, easy to miss as wick fills it but upon checking CME doesn’t count a wick as a qualification for filling a gap. Therefore, we go here .
Based on this retracement pattern bitcoin should make a parabolic move in the short term, as soon as Sunday May 17th and as late as June 1st
This is, at the moment, my big worry. Lets hope I'm wrong
Move up will take us to 7755. This is where the breakout will occur if it happens
All of our major trend lines are converging. And the point at which the two most dominant uptrend and downtrend lines intersect with one another ( the uptrend line from $1250 from June 2017 and the Downtrend line starting from 20K from January 2017) — the point at which they intersect also happens to be exactly where this current inverse head and shoulders would...
A move above 10K will confirm it and will spark total apeshit mode for bitcoin, A move below 6k (could still be valid to 5800) will invalidate it
This has been verified.
A cup and handle appears to be forming. This would be a likely pattern formed in a bullish retest of 13k -- in the light of just suffering a rejected inverted H&S. Watching the 15m chart for formation. 10880 is needed to breakout from channel and 11500 is the big resistance that stands in our way from 12k+
HUC to .000131 then failure. Rise beings at .00010801 Get your final pump soon