Is this really a hidden bearish divergence or am I hallucinating?
If ascending triangle is a continuation signal then I expect some downward movements. Tell me what you think about this and also tell me what I’m doing wrong so I can correct meself. Cheers to the freakin weekend mother fuckers.
This chart gives the possibility of $11,000-$14,000 BTC if not lower than that. Even if we go lower than this level, the bounce will be very quick probably. Anyway, I would be very shocked and surprised if the bull market continues from here. If the bull market hasn’t ended, then congrats to the Hodlers, but if this triangle translates to the beginning of the bear...
I need to see btc above $39k to become a little bullish. And below $30k to smell a bear market.
Nothing to worry about, but we need a correction to form a giant inverse H&S to give us hope of above ATH. I would gladly buy some if we touch $1,750-$1,800.
Watch out for the descending triangle. It will either lead to the completion of the H&S or if it breaks from the upper line we will see some upside until further notice. Just be careful what you do to your hard earned money.
What is the outcome of this triangle? If we break the triangle from the upper line then bullish, but if we break the triangle from the lower line then that means the completion of the massive head and shoulder pattern.
A beautiful bottom formed on the DOGE 1H chart, but this appears to be a descending triangle. I have no idea if we’re bullish or bearish. If we break above $0.39 there is more hope to see some upside movements, but if the price breaks below the triangle then the formation of H&S on the daily chart will be confirmed. Go make yourself a triangle like this and keep...
H&S on the price chart and the RSI. Make your choices...
Fractal: giant cup & handle forming on XRP, but will take time. Patience is a requirement for this set up.
Some support around $23k-$25k. A small bounce around that area and then to $19k support. maybe...not maybe...
The chart is self-explanatory. Every time BTC reaches the red area on the logarithmic regression chart it’s bear market time. Is it going to happen again? I’m not 100% certain, but if history rhymes, then say good bye to the bull market and say hi to the bear market. After looking at this regression chart, If you’re a long term investor, then you may want to keep...