Since august 2018 P-SAR has turned from negative to positive that is good sight. Maybe BTC has potential to climb even higher. But we have strong resistance that potentially will be not brecked at this time. And we will back to the trend line ofcourse if that line hold strong from that point i expect that bear market will end and we go to the moon :D
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I find this tool very useful. What that means? that means that we potentially hit the bottom. But we need final washout (shake) before we go up because, money always moves from weak hands into strong hands. REALISED CAP The value of all coins in circulation at the price they last moved, in other words an approximation of the value paid for all coins in circulation. AVERAGE CAP This is the "forever" moving average of Market Cap. The cumulative sum of daily Market Cap values divided by the age of the market in days. DELTA CAP The Realised Cap minus Average Cap. Useful for catching the market bottom, and also as a timing indicator for market tops and the start of the bull phase by tracking its oscillation between Realised Cap and Average Cap. prnt.sc/n7vly0
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Few days before
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Lets see whats gonna be next!
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Seems like on 1H we potentially performing bullish
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Only today i learned about this pattern looking very good on BTC :D
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Congratulation lady and gentlemen BTC decided go up!
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If support 5100 hold strong we potentially can aim for new up target 5600-5900. If not i expect drop somewhere between to 4900-4600
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This can be potential head and shoulders but to confirm that we need break neck line!
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