To anyone who saw my graphic, you are welcome. And it's not the end, it may bounce or go even under. Keep checking.
I was checking some other dude's chart and he said something about Divergence at 1D.. But when i closed up in 4H i can see this pattern; Maybe it's going down a little bit more and then jumps up. Time will tell, hopefully market shows it. Check RSI going down while price going a little up and MACD crossing. Am i high?
Can you see the picture how it looks?
Whatever it is, it looks like that! lol It's coming down guys, i have my cheat sheet next to me and it looks like it. conscientia.net Can anyone comment on it? :P [ againt, I'm not a pro trader, I'm learning and watching BTC moves as i practice what I've been studying. Hit me a PM if you want to know where I'm studying Trading.
I'm not a pro trader, but I'm learning. What do you guys think of this chart? It completed my last elliot 5 waves, and it almost has double elliot 5 waves in different times completing almost at the same time... but now it seems it's going for a ABC correction before going up again. There are a lot of people saying 7k - 8k again... I don't see that coming...
If anyone is out there reading this.. can you help me understand better this movement? I've been doing my analysis (I'm studying, not a pro) so any comments or links i will appreciate. I can see Bitcoin is getting close to bounce once more at the top, and it's following the uptrend. It's forming an ascending triangle. What do you guys think?