


bigbath
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since Feb 17, 2018
bitcoin
chartpattern
indicator
long-term
trendanalysis
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If you check the 6-month candlestick chart, all candlesticks have formed lower tails. However, lower tails are not confirmed for the bar currently in progress. It is possible to go see the bottom tail before the next candlestick is made.
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Looking at Bitcoin on an annual chart, we see it finishing above its 5-year moving average. If Bitcoin's year-over-year trend is to be alive The 5-year moving average should be maintained within this year. In other words, I have to go 20k within this year.
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