I have herd people saying BTC needs to retest the 20K high. but they have not adjusted the price to reflect the printing. just a thought
A 3rd descending wedge breaks out if we close in this range for the daily $65k range top. The MACD on the daily has also crossed bullish giving more credence to a larger upward move. I'm also looking at a larger ascending triangl some time Q1 or Q2 of next year. this would take BTC up to that $100K range.
Silver H&S looks like $27 is the target. Keep an eye on gold too.
A shift on the momentum indicator and a nice fractal from September 2016
A bounce off the bull market support band (the 20SMA and 21EMA on the weekly). also the green dot on the market cypher indicator showing a shift of momentum to the up side.
If you look at the current price action ADA looks like it's at the end of an accumulation pattern. This is just an extrapolation of the last move. I don't see ADA going this high this soon but anything is possible.
Why aren't people looking at the MACD!
I think we have more room to go up but we will see a nice cool down in the market before we take off again. these are some of my favorite long-term indicators
Gold price adjusted by the M1 money supply. historic lows
Wall Streets bets now finding out how much JP Morgan is shorting Silver let's see what they can do.
Wallstreet is fucked. social influencers have shown why they are called influencers! this thing could go much higher with over 130% of the stock supply being shorted. whos going to sell to them.
This is starting to look like a Whycof accumulation pattern. I'm going to start a small daily or weekly accumulation