Third time's a charm. A support line can barely hold up for the third time. That's why the head and shoulders pattern usually work, especially in big time frame like this. What about altcoin/BTC ? Will there be an altcoin season ? I dont know, I just prefer to short BTC for now.
Whats up traders! Enjoying your holiday? Looks like we have another bullish harmonic gartley showing on the chart. The previous gartley gave us a small pump, how about this new one? RSI divergence and smaller red volume bars are showing us more signs of bulls. Lets hope this bull run can bring us through the 4100 neckline. Cheers
A rough year has passed, be thankful that we have learnt something from this deadly market. A big correction is necessary for a healthy growth, hopefully we can see that growth in 2019. In the chart we can a bullish harmonic pattern (Batman's sign) was formed. If it goes up from here and completely form the right shoulder (a big inverse H&S that everyone is...
Just my assumption, let's see if it will happen or not :) If the right shoulder can break through that neckline, we might have a real happy Christmas!