Don't take this too serious just plotting it to see how the outcome plays out.
Random idea drawn out don't take it too serious just want to publish to see lol
Possible big move coming buy the breakout(after a daily close above flag) if it occurs target is around $4 gl!
M top will be confirmed on nose line break let's see if this can play out.
I see a lot of people struggling to know what to do/think as of present so I figured I would make a very simple chart showing my thinking, As you can see we have made lower highs and lows as of recent and volume has been on the decline also giving us a bearish stance(short term). However there is also the possibility we break above our recent highs and form new...
Not a big fan of elliott waves but w/e crappy elliott wave patterns followed by ABC correction drop it!
Trade setup outlined ditch it if it falls below support marked gl..
Called this not too long ago and it's broke a very long down trend on the daily buy the pullback and ride the next rip up gl!.
Is this count correct? $7500 level lining up with a lot gl.
Bearish trend on lower time frames expected moves lower to test $9700~ region gl!
Possible short term move coming use a stop in these market conditions under the support marked gl!
Possible chaos scenario for most bulls but this would be a very healthy correction and trend continuation if it plays out...bulls are pretty brutal lately though gl.
Have we topped out? or is there still some gas left in the tank...BTC has been on an incredible run from the $3800 break and will need to take a rest at some point, A correction is feeling overdue but BTC follows it's own rules =P, The blue box was a target and we have hit the bottom of it but not yet the top obviously and we don't need to for a correction to take...
Pay attention to support/resistance zones marked, Either pattern can play out the exact time nobody knows gl be safe!