


It is logical after a breakdown of 3000$ in 1 month to have a 1000$ relief rally. Now the patterns are stacking & fueling for another breakdown as fundamentals for bears getting stronger. 1. GMO Internet Group - Lost 200+ Million USD dollars in $BTC & Cryptocurrency investments. Today they announced their exit of this type of business. An 14 years old Internet...
Technically it is symetrical 3 Dives to Top. Yet the market have refused it to start it for a while and forced up the last wick to insure that the last shorters are OUT. It is a classical movement and probably one of the worst ever since they over-extended even the RSI.
This is my favorite chart due the fact that this pullback was created by the amazing Crypto Jerks from Twitter who think themselves analyst. Time to get #REKT.
Still BULL but different time frame = higher raise.
Same idea on 30 minute chart. It seems it will hit 252 soonish.
Still short. But not that violent as I said in first chart.