BitcoinUpdated BTC fractals from March 21, short-term golden cross -> up & down
Noticed a similar pattern from March 18-21.
We're forming an ascending triangle that will likely breakout w/ targets of 8.6k ~ 9k.
We also have a temporary "golden cross" on 2h. If we follow the bull "experts" opinion, which is that "death cross is the most bullish pattern", "golden cross" should be the most bearish pattern. When everyone sees it, the whales will possibly dump the market.
The most likely scenario will be:
Whales will pump at around 12 pm UTC today (Sunday). This will be followed up on Tuesday & then Wednesday dump back to reality.
This is another interpretation of my previous post:
We're forming an ascending triangle that will likely breakout w/ targets of 8.6k ~ 9k.
We also have a temporary "golden cross" on 2h. If we follow the bull "experts" opinion, which is that "death cross is the most bullish pattern", "golden cross" should be the most bearish pattern. When everyone sees it, the whales will possibly dump the market.
The most likely scenario will be:
Whales will pump at around 12 pm UTC today (Sunday). This will be followed up on Tuesday & then Wednesday dump back to reality.
This is another interpretation of my previous post:
Note
3h timeframe vol bearish divergencesome action today. just don't know whether it's up or down
Note
I suspect this little pump will play out the same way as the pump from last week: Note
bearish divergence in vol & momentumin theory should go down, but it's an unregulated casino, so depends on the house
Note
Didn't expect crash so soon. Didn't even touch 50dCould be double top (another bounce).
Note
If the fractals have any value, there may be an attempt that leads to double top soonNote
One little thought: what if verge exits?That'll send the market way down.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.