So we are seeing my previous snapshot finishing (which TW didn't save for some reason). BTC is heavily linked to s&p and tech stocks at the moment and the bloodbath affects it. However those have not finished, BTC already lost the weak hands and many hedgers. We only have speculative hands left and buyers. What is going to happen is that the ongoing crackdown on...
So Bitcoin draws a perfect Elliot wave formation over few months already on the weekly chart. At first I thought it is a bubble. But then I came to conclusion we are in for a ride. This Elliot wave means we will surely visit something like $3000 soon. However it doesn't mean gloom and doom and dead cat bounce for few years like previously. Seems like the next...
Well looks mine previous trend drawing was right. Seems like unless some huge whale buys in, we are still going to at least 50% fib. Look at stoch and macd, all overbought stoch had their respective oversold periods which where smaller everytime, so where did this power go? see overbought also gets aggressive but smaller. MACD shows that we are at the top but no...
I think we will retest the top, don't know where exactly, it's like catching the knife but that we will. I placed my bet at ~0.023 And then we go to 23.6% fib to knock knock the support to return to the actual bubble which should happen. Remember this whole thing looks like a first selloff of the bubblle cycle.
longing at ~645k due to strong support, stop loss is small because we can slip deeper
So there seems to be a pattern repetition of syscoin movement, we'll see how it goes, looks like a nice long at the next channel
So monero should retry the breakout and either hit the 100% fib and go down or fomo again to next target which is ~161%
Looks like its peak is gonna form at 738853 short target
3 drives pattern formed with equal bar widths... of course not perfect but the liquidity does not allow perfections on these charts
Longing at 533xx
Volume is rising, lisk got denied the rise again, however it's very bullish (despite no good support forming)
I say it goes to 0.01 We'll see. No trade inteded
Expanded my triangle, apparently it's not a pennant anymore, now we went full ascending triangle. Good luck shorting that ;) :D LONG
The bull market has been confirmed. My last trade seems to be alright. Now we need to rise to at least 4200 to underline the growth.
from this point evidence shows lack of sell offs and abundance of buys Bull market indeed