So close to several other patterns. It's a crazy call.
Please. Ma Familie.
This is a work in progress. Low level of certainty. And NOT confirmed.
See all my other charts. Every single last one of them.
This target is loosely based on parabolic invalidation rule. Then taken up one notch in case we are bullish.
Normally targets mark reversal points. IF we are super bullish, we will continue straight through the target and keep pumping. Let's see. Based on weekly RSI, there IS that possibility. So get ready to stoploss any shorts and jump right back aboard.
Our last bullish chart for bitcoin was wrong. And we couldn't find the reason for it in the bitcoin chart. So we zoomed out. We noticed that every altcoin dumped. So we looked at the TOTAL chart. It had a precise bearish descending triangle on it. The bad news is that if we go by that chart, we have a lot more to lose.
Thank you rotating fib retracement tool!
BITCOIN PORN.
A FEW MORE DAYS AND WE DO A BIGGER BAM.
We have perfect long setup.
Pay attention or you'll pay satoshis.
Because TA doesnt work.
If you know what's good for you.
Take a look at the thin blue lines. That's all you had to say. See video for full explanation.
Every one minute wick is an actual bitcoin that got bought and sold at that price. This is real.
Precision is everything in TA. Every single 1 minute wick is an actual bitcoin that got bought and sold.