is this the pathway bitcoin will move? (based on 2014 movement)
some short term bearish view if market structure will repeat 2014 movement.
ichi cross, cloud change to green. economy in risk due to coronavirus. btc could be used as a hedge instrument. risk: medium (because cross was below the ichicloud and the cloud didnt change green yet) amount: low-medium
if they manage to create the vaccines for coronavirus, new highs should be seen fast.
long btc, small position, risk medium. ichi signals: bullish ema cross, above green cloud. news: fears coronavirus
found some interesting bitcoin movements in the past. looks like now.
btcs dominance is dropping. seems like alts are waking up. #altseason
interesting view. is this how bitcoin will move again ?
looking a like a bearish butterfly pattern. might go down now.
first time im using the cypher pattern. seems reasonable ? #long btc
based on the RSI analysis this could be an accumulation zone.
buying there could be a huge opportunity. if btc will drop, traders might switch to buy xrp. (altcoins)
bitcoin is going up, so altcoins are dropping. if btc will have slight pullback and will be running sideways, it could be the time for an altcoin season. thus neo/btc would rise.
Tenkan crossed Kijun already. We are above the Kumo cloud formatting a cup & handle. XLM is looking for a breakout.
Short @ 9800 - Target ~8000 Second short position when the EMA's cross down.