hips dont lie. welcome to crypto winter! enjoy your stay.
Looks like a head and shoulders forming. Supports at $38 and $34.
Perfect bounce on the long term trend line. Best time to get in the market in the next 10 years? Maybe.
Possible bottom with an inverse head and shoulders printed.
Spring dipped down and then we had a strong rally up with a Show of Strength. Might be time to move up again.
Mucho dinero or no bueno?
The title says it all.
A lot of people saw the last move up as a breakout, but were we all just looking at the wrong points to create the triangle? If you ignore the highest peaks of the last bull run you can build a picture that might more accurately portray the downtrend. I think it's entirely possible we break downward from this smaller triangle and bounce off some of the supports we...
Broke the big triangle. Broke the zone. Needs support, seeya at 4800-5800. SFYL.
Time to bounce either way. I say it goes down towards the red trend line.
In the short term I think we move to at least 7200. Long term, even lower. 20 EMA dangerously close to crossing under the 200. Stochastic RSI performing in a very predictable way.
Little mock up I made based on BTCETH chart.