Parabolic moves incoming ?
This is illegal in regulated markets but we are in the Wild Wild West, so is this spoofing or what?
Should play out the inverted head and shoulder formation in a bull market. Bear markets just seem to ignore them. Looks to me like it's still a Bull Market but let's see how it plays out. Target noted by horizontal line, possible time lines noted in vertical lines.
We Have to Get Over That Dang Purple Line AND Stay Over It!
Don't cry for me, Argentina. The USD entering decision time wedge. Custer's Last Stand. Since it is a managed "fall", I believe we should see the managed flow from USD to TOTAL CRYPTO MARKET CAP. Hopefully, and I think, probably it will be managed and orderly for a while.
Maybe formation of bottom and j curve for alt coin markets. Taking short term longs in XRP, TFUEL, ZIL.
Update to our Saturday night work, from Mr B, Ms S and The Dee. I'm all in. Live Free or Die. 21 WK EMA buy signal as well. The Almighty USD pinnacled, hit the ringer, historical hit job.
BTC perfection so far... Does it go up from here? Chart would say yes. Real life is yet to be discovered. But there could be some magic in these alignments. BTC follows the USD like a little puppy but some day will be a Big Dog.
We looked at the big picture first using the daily chart, then zoomed into a 33 minute chart on the Wacky Wyckoff charts. Big picture looks intact; the drop has not invalidated it at this point in time.