When The Direction Is Unclear, Change Your Perspective (BTC)
Updated
The initial descending wedge I noticed in my previous BTC idea
turned out to be part of a much larger wedge on the daily chart, which is quite hard to notice, unless you flip the chart upside down.. If your bias does not change, then you're looking at it wrong.. BTC is 'bearish' to those who haven't changed their perspective while looking at the chart.. And by doing so, a hidden trend is revealed... If this pattern played out in a normal situation, you'd expect the exact same thing to happen as indicated by the chart, however, notice the scale, it's inverted :)
Now... When you flip the chart back to normal, it reveals a pattern that really should be 'obvious' but it's quite difficult to remove the 'bearish bias' that most have, which is preventing them from seeing the large wedge on the daily chart...
Now that everyone is fearful, Smart money is acting greedy with regard to BTC...
BTC is deceiving us all.. It is silently mooning... Big money needed time to join the market...And their time is running out...
Get ready for the 'dump' (Actually means pump given the inverted chart)...
I've included an initial expected target upon breaking this major wedge & will re-assess once we've reached it. Stop-loss also added in event pattern is invalidated.
Previous BTC ideas below:
Good luck everyone, & good trades be with you.
*Ticker symbols below, ignore these*
BTCUSD 
SATSUSD BTCUSD BTCUSD BTCUSD BTCUSD BINANCEUS:BTCUSD BTCUSD BLX NASDAQ:BLX 
BTCUSDT BTCUSDT BTCUSDT BTCUSDT BTCUSDT BTCUSDTNote
Having a look at some of the weekly indicators, which are showing signs of potential bullish reversal!Note
Here is a similar look on 3-day chart:Note
Daily chart major bullish div on daily fisher transformMacD daily bullish div
Stoch RSI showing both major & local bullish div.
Same situation with Ultimate Oscillator
Commodity channel index multiple bull div's
RSI double bull div
Note
Weekly fisher transform bullish signalNote
2-week MFI hovering on supportNote
Note
3-day CCI hinting to bullish continuationNote
3-day RSI bullish signsNote
Daily MacDNote
Daily RSI Note
Daily CCI Note
Daily Fisher TransformNote
Daily MFI Note
12hr MFI 12hr CCI
12hr RSI
12hr MacD
Note
Renko confirming this ideas biasNote
Note
Related charts are scattered throughout this idea:
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