I think it can very well long here. Except before a $26k down turn then bounce.
Running in an up channel within an ascending triangle pattern. Hopefully see some pumping over the next couple of days.
Verge on the verge of a massive pump and break out of an ascending triangle.
AXS trend down, bounce off bottom out of channel and into the new up trend. Not trading advice. Pure speculation.
Just an idea. Some pullback before we see some growth.. Not trading advise. Just an observation.
Simple idea. Broke out of 1 triangle. About to break out of another to enter the third triangle pattern.
Most likely a significant drop before we start moving up again. Late Jan for bear season on all coins.
After some pattern changes, this is a possible outcome if we continue to hold supports.
I do believe Bitcoin will move sideways for a few more days before smashing new ATHs. Needs to hold $55k to continue the pattern.
If Eth cracks the $4.8k line and holds, expect significant gains over the next month. DYOR. (In my opinion, majority of coins will be going up over the next couple of months. However, I do expect a significant fall in Jan and a continued down trend over the next 12 months so please be aware of this)
Updated from the idea I posted Nov 5. Needs to hold the 2.9 mark to continue up. If it rejects this, expect another fall.
Watch this space to see if it plays out! A great next 2 months for all crypto I believe, however, a large sell off will occur in January in my opinion!
A wild 2 months could be install for ETH if it continues the channel trend! Unfortunately I do believe there will be a significant crash after it has completed it's run.
Here's hoping the bulls unleash momentum and shoot it to another 400% like last time.
Triple bottom could be setting in before we see Bitcoin start climbing again.
Looking at previous drops and trends, could be on path to $100,000USD by mid June. All my positions are long.
Possible big correction (15 - 30%) in January then run ups to new all time highs in the year 2021 with smaller corrections. This is my short term prediction.