This current Nano pattern is turning out just like before. More upwards movement coming
I had my finger above the buy button on LTC seeing the glorious bull flag on the hourly, but I saw this pattern as well before I bought. The same exact thing happened twice in a row, only the second time it was much bigger. Watch out for those of you who are still in LTC.
A very clear ascending triangle. The problem we are left with is whether the price goes up or comes down. In manipulated markets such as these, TA cannot be a confident in patterns as bots and reverse a trend in order to fool other traders. The long target is 74$ because it was the previous heavy support before breakdown. The short target would be 50$ because we...
BTC being rejected thrice indicates further consolidation until inevitable breakout. The bulls being persistent even after being rejected three times shows the bulls are in town and are ready for a morning jog upwards.
Ascending triangle, buying in now is probably a good idea
This trend has been around for a long time and its going to stay
This coin has rejected the MA four times after being in a perfect declining wedge. It has since broken out of the wedge and made its way up. It shows strength and is now going into another perfect wedge of which is a amazing buy-in opportunity for any late comers.
Two things can happen 1. Bitcoin doesn't endure another crash in the near future, continues on overbought and still a bubble 2. Bitcoin drops to at least 4k, gets into the purple zone and will be able to continue up without the burden of being overbought What's it gunna be?