Judge by yourself;
Prerequisites:
-A significant drop before the market creates this pattern
-happens some time after a daily chart Smma death cross formed
-happens after Btc lost at least 80% of its value in Usd
-happens when Btc is under its daily 50 Smma
-forms an inverted U with an ascending trendling having almost the exact same "angle"
During the failed bottoming attempt of 2014 (Sept-Nov 2014), a sort of similar inverted-U+ trendline pattern appeared, but the "angle" was more accute.

This pattern comparison might look like a bit too "Charlatanesque" but i found it interesting, so i am sharing it with you.
Gonna call this the "Omega fulcrum Bottom" pattern if it suceeds lol.
Stay safe
Prerequisites:
-A significant drop before the market creates this pattern
-happens some time after a daily chart Smma death cross formed
-happens after Btc lost at least 80% of its value in Usd
-happens when Btc is under its daily 50 Smma
-forms an inverted U with an ascending trendling having almost the exact same "angle"
During the failed bottoming attempt of 2014 (Sept-Nov 2014), a sort of similar inverted-U+ trendline pattern appeared, but the "angle" was more accute.
This pattern comparison might look like a bit too "Charlatanesque" but i found it interesting, so i am sharing it with you.
Gonna call this the "Omega fulcrum Bottom" pattern if it suceeds lol.
Stay safe
Note
Let's check if this "Omega fulcrum bottom" transforms into an adam & eve bottomNote
*patents the omega fulcrum bottom in Switzerland*Note
So.Note
Did you believe in the Omega Fulcrum Bottom? or were you caught in the omg 1k targets?Note
GS already wants to bring me to court with the SEC hearing meBring me some oranges to jail pls
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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.
Disclaimer
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.