BTC broke the upward trendline and now is hoovering on the downward trendline. As long as it doens't break this line, we are still good. Best thing, on a thechnical basis would be that it stays on this line untilit reaches aorund 92000 dollar. There the 2 trendlines converge and it would be a massive bullish sign because it would make the resistance or floor...
As long as ETH doesn't go down the 2460 level and confirms there, then there's achance that we've got ourselves a huge bull flag. If it breaks out on the upside of the flag and firmly confirms there.
LEt's see. It hit the trendline a few times now. If it breaks it will go to approx 107500 I think. After that either a retrace or a bigger drawdown to mid 80's or even 70's
Again a clear head& shoulders on UAL. Maybe tomorrow but propably Monday to Wednesday we'll see if it completes or not
If he bounces off the 41500 level and stays above it, then BTC completes a very bullish flag starting a year ago.
It's a bit creative but still. It would be nice if it would go like this
I think we are just gonna wick down 2 times but stay inside the flag/channel. But eventually up in the first week of February. ANd then up until half of March at least. I hope
First steadily going down to 24K, and then it's MOONTIME BABY!
Sorry for my bad drawing skills. ;-) Everybody is telling it is going down to 23000 of 27000. But I still see a triangle, no? But on the 1h shart, you could draw a descending ut could swing both ways. But what do you think? Is it de cat and is the cat gonna fall down? Or is het the NEver ending story dog and are we gonna go up & up?
I know it feels early but after the big byback after the drop, I also see a W emerging, if this goes back up again.
See how nice the pattern forms a turtle. But is this gonna turn bearish or bullish?