There are so many signs that scream btc is has found a bottom and this wedge is most likely going to have a resolution in the next few days(ideally). Wouldn't be suprised if btc hits 52-53 next month or so from a HUGE move upwards.
Luna has a possibility of recovery. Heres my pro and cons list that weigh(ed) my decision
pros
1)still has media attention
2) luna was a big cap with lots of retail interest
3))it is very unlikely for the deviations of price action of luna to happen expecting mean reversion to play its part a little too.
4) a 50 dollar investment would mean 1000 dollars gained a...
RSI wont drop below 50, its hugging the 20 MA like a mother fucker( i know it shows 9, i checked on 20 bollinger band i just forgot to change settings for post for ma), two signs that scream a huge price spike to me. Plus, it will have a resistance free zone if it breaks the zone its hovering around.
ETC's 15 millionth block should be mined tomorrow according to etcis.money (URL). Watching for possible pump around 7 EST. The website even has a live countdown.
To anyone that looks at different timeframes, do you agree with my pattern idea?, feel free to comment. Ive noticed as far back, could be more, as where btc first closed below 40k resistance last year that these j shapes keep repeating very similar in structure. It may just be a gut feeling, but it just seems like its going to form a another one after it...
Not me saying what to do but, if shes about to explode shes about to explode if btc explodes too past 15 minute resistance trendline. Time is ticking! Id guess IF breakout, next 45 minutes, ideally, with no false structure breakouts.
Sorry guys if didn't upload properly, new to publishing. If you are somewhat experienced trader, you know how Bollinger bands works. I'd like to address that I believe BTC is due to still hit the 28-30k. Nothing is set in stone, however, BTC's price action seems to use either the 365 day moving average or bottom 2 standard deviations of it and did, in fact, every...
