Hi and welcome all to another TA. From the day chart, you can see that the h&s (green) has already begun forming and in several days it will complete its formation. So what will happen after this? I say another bear run. Why a bear run? If we look at the orange lines (bear trend) and the dark purple lines (bull run), we see that they will meet at a certain point....
Yesterday and the day before, we see that there was a bullish rally. For those that bought it at that low, great for you especially if you bought VET and ONT (my two long hodl's and accumulating). In any case, I am still on track with my TA. Right now, you can see that there is a h&s forming (see the orange color). I said this at the beginning of the week and I...
Seems like the whole world is thinking that this might be the bottom. Since yesterday, bitcoin rose from it's self off. It also seems like the market hype is dwindling down. So all the weak hands and fast money grabbing people out there are going away.
Have we all not yet realized that bitcoin is going through a correction. It needs to find it's path. Once it...
