Noticing a divergence in the BTC.D chart. I have been watching this chart for months. I've been looking for a breakdown below the 40% line on this chart. Hoping this massive bear flag plays out and kicks off an alt season.
With Bitcoin breaking out of its descending wedge , this new bullish trend should trigger some well-needed recovery for Solana and other major alts. I am expecting to see Solana test the 200 Day SMA around $144. If Bitcoin falls back into its wedge, this scenario becomes less likely.
Bitcoin may be in a falling wedge pattern. RSI is cooled off. Will the winter be over soon? I am looking for a trend reversal in February and some green price action by Valentine's day. Good luck out there!
The past 3 times ETN was oversold a subsequent rally followed.
Maker has broken its downward resistance. this is going to be hot stuff this bull market
Sadly, it looks like Mr Bitcoin left behind his doggy when he started his journey to the moon. He is so sad without his loving companion and feels so convicted about leaving him behind. Hopefully Mr Bitcoin has a soul and will go and get his pup before he continues on his journey to the moon. Cheers!
The 21 day is above the 100 and 200. Last night we had a breakout from triangle to the .31 area and price is now retesting the top of the triangle. I am now looking for price to confirm above .3122 on the daily time frame. Keep it simple and DYOR.
Drawing a trend from the 2015 low as well as a fib retracement using the Log scale, the bubble will be popped and set back on the trend once price reaches between 3.9k to 4.5k? These lows would also cause mining to become unprofitable in many countries, causing a shortage in supply (With some mining companies going out of business). Scarcity will increase the...