BTCUSD just formed a iHnS, maybe the left shoulder of a bigger trend reversible iHnS about to form, just like 2019 Nov 25. This iHnS has the strenght to push for a local 9000 then back again. Already shorted at 8758 earlier this morning but want to share anyway. Target 8550 then head for 9000
If you think BTCUSD chart is kind of chaotic, so try a different simple view may help alot. As you can see, ETHBEAR is clearly in a descending triangle pattern, tradditionally its a bearish sign, but also sometimes breakout as bullish. But in this case, the current local trend is also in a rising wedge pattern, which is bearish also, and very likely to retest the...
As you can see, if you ignore all the vertical green poles pump and dump ( from the exchanges ? ) since 10500 and connect the lines , you can see where the trend is heading now, do you think the blue line is more relevant like me ? And the red line ? not so much IMHO. This is just a speculation for learning purpose as I am new to TA and TV, all idea is...
Bitcoin price prediction for 2020 and 12 years of life. This is only a speculation for learning purpose.