Bull div provides a clear reversal signal with invalidation at the low.
It looks like the sellers need a second to cool off. It became no longer profitable to sell bitcoin into the 3500's. Now that buyers have taken back over, the sellers have more energy. However, once we hit 2900-3100 (may not go that low) we will print a bullish divergence on the fisher and go to like a million or something.
First target ~690 sats second target ~800 sats final target ~1000-1100 sats
The 3month candle chart is a very interesting way to (over) simplify trends. In this case. it is interesting to see the way our downtrend mirrors previous downtrends. Anyway, I've drawn my arbitrary predictions for what the price and subsequently the fisher will do.
Waste Management is a company that provides services which will always be in demand. This is a primary reason for the steady increase in the company's value, it generally resists market downtrends due to consistent revenue. However, it is not bulletproof. In the market crash a decade ago we saw a drop of over 50% for this stock, despite the consistent demand for...
News is often used as a guise for one person or a group of people buying or selling quite a bit of BTC or ETH. THIS NOVEMBER WHEN THE BAKKT NEWS HITS will be an example of this. My short term SUPPORT UPTREND and RESISTANCE DOWNTREND converge in roughly the time period which the bakkt news will hit, which got me thinking. I can not predict which way it will go, so...