It appears that the EMA50 has never passed, never mind even touched the EMA200 on the weekly charts since time began(2011 on bitstamp ), a weekly death cross. This could explain the recent uptick in buy volume , the 50 bouncing off the 200 . If we continue up, the actualy EMA200 is sitting at $25k , or next step up to the volume hole at $27,200k -can we get that...
I do hope this does not come to pass, appears we have parallel down in price range of brent crude since 2008. it would fit into the retarded global warming narrative, 'we have to charge more for fuel- Co2 is destroying the planet, not Soros and WEF Schwab , lithium pools, mining and war.'.. no no no, plant food(CO2) is destroying the plants and the planet and you,...
A chart to show comparible drops in BTC price, over similar timeframes to the December 2017 crash. Bring us at 11k, below the mining cost. Be weary my friends... we may not see 'sunshine, lollipops and rainbows' for some time
RSI on 15, 1hr, 4hr looks nice, NIM is in a bull flag, looks good
I look at the charts, draw lines and come up with figures, Made with noob xp, build to last!! This is something for you to consider, make your own mind up etc I sold my xlm @3100, and placed buy back at 2550 gotta be positive? chances of hitting it, no idea tbh :)
The RSI don't match up, I'm still a noob so can't tell if it's bullish or bearish, Price seems to be going up too fast, so reckon drop coming
iost currently at 353 sats Title says it all, prob won't last long, hopefully up to 390, then infinity and beyond etc. watch it like a hawk, drop it like a hot coal when vol and price decrease
I drew a pretty picture and it makes a bad estimation of price action, but I like the death star too much so I left it unchaged, What can I do... :) Most likely an imminent rise to 61.8%fib / 12000 is on the cards, then maybe floor falls out and returns to downtrend
No buyer volume in BTC , path of least resistance is the only option. still no optimism in market, bears running the show, alts through the floor for the most part. Idk how far it will go, This is crash '18 2.0 imho good luck all
The rebel BTC price looks done for, drawn into grav pool of death star, No one can escape the dark side, not even ob1 can save us now Who is my father?
Zoomed in and redrew some parts out fully that I'd omitted initially.
Complete noob at this, learning loads from everyone else, This seemed to make sense in a downtrend, we need something powerful to get over the classic support lines going back to 3k in October, I added momentum. I couldn't make any straight lines and the Ellipse fit like a glove, plus it timed against classic support Times using fib time zone