WE ARE IN MULTIPLE PATTERNS ATM. ITS VERY DIFFICULT TO DETERMINE WHAT EXACTLY IS GOING ON WITH TECHNICAL INDICATORS. A BIG MOVE IS LOOMING IN THE SHADOWS. RIGHT NOW IS THE TIME WHERE WE ALL NEED TO HAVE STOPS PLACED SO WE DONT GET REKT. IF WE BREAK 5800 I BELIEVE WE MIGHT BE LOOKING AT A $4800 BTC IN THE NEXT FEW WEEKS. IF WE BREAK BULLISH ABOVE $6550 WERE GONNA...
$150 MEANS EVERYTHING! IF WE BREAK OUT TO THE UPSIDE TARGET IS $200 RANGE. IF WE DOUBLE TOP AT $150 AND BREAK THE NECKLINE TO THE DOWNSIDE WE WILL RETEST THE LOWS. WATCH $150 EVERYONE! NEXT WEEK WILL BE MAKE IT OR BREAK IT FOR THE CRYPTO MARKET IMO.
not exact structure as 2018 btc crash but very similar ion percentages from the breakouts. based on what happened before we might be seeing 4000 one more time before we break out to the upside, that is only if it doesnt break above 6800 soon. goodluck everyone.
symmetrical triangle forming. normally continuation pattern but, well see because the bears seem exhausted. i think we're gonna see a break around the 75% of pattern mark. downside target 3100-3200 which would put btc in the position for a double bottom. at that point we would need a bullish break up past $12000 to break the neckline. Sounds ridiculous but...
Hi everyone, this post is not to scare anyone but, after doing some analysis I've been watching the 200 weekly ema closely. If we hold at the 200 weekly and have a solid high volume bounce that pushes above ath ill be bullish on the market but, until then I will continue to remain bearish on this current situation. I am also watching the 20 weekly ema and 50...
I know this is a common analysis with ratios comparing our current situation to the 2017 bullrun but, just reminding everyone that were still in a long term bullish pattern as long as the bottom trend line holds. Please comment and lmk what you think can be improved or adjusted in my analysis of the weekly long term trend. mahalos :)
