Looking like a Wyckoff distribution pattern. Breaking of trendline below doesnt look good for the long term outlook for Apple, breaking trendline above would make me bullish. Until then I wait
Yes this "could" break out. But the probability of it doing so is very risky. Care, friends. Testing the outer bound of pitchfork. Daily RSI bearish divergence.
Every time we have crossed the double red line, its signaled the market top. Once we crossed the green line, we have on average went down 55-65%. If true, we could be seeing a 10k bottom. I know its very bearish but its what I believe may happen.
Looking at the life of Bitcoin, I believe these last couple of years have actually been corrective and we finished the B wave at market top. C wave looks to be around 20-to even 10k! This is invalid if we make a new ATH
Notice we are holding the 618. if we break this we going down to the next fib level.....and what do you know....the previous ATH. I believe our bottom will be ATH
