November looks like the convergence point but I think something might happen sooner thanks to Liquidapps and DeFi on EOS Bridging to Ethereum!
Convergence point is here and i think it will go up from here and bounce a little back to 9200ish.
LTC Making a bigger move upwards than the rest....LTC was one of the first to rise a few years ago....will it do it again and could this be a great opportunity?
Bitmex liquidation percentages showing where it can all go wrong..or right! LEVERAGE LONG SHORT X25 -3.38% 3.7% X50 -1.47% 1.55% X100 -0.49% 0.51% Knowledge is power, and power is nothing without action! :0)
Just a few ways it could go, while bouncing off some support lines a long the way :)
Either up straight ahead of us or a little up then down bounce before bigger rise up
Over shot last uptrend, now downtrend is showing within the lines it could mean a drop down to a lower point not seen for a little while
retracing upwqards towards top of channel. could go lower to 1500-1800 after this
Skeptical hope for a sharp bounce upwards here to leave many behind who are looking for the short. Once we raise up we could see the drop come just before it hits the top of the line.
middle of chart up to next point if resistance line doesnt surpass where it is. end of triangle here even though h&s downwards looks like the place it should go
Hopefully XBT will head down towards 2nd resistance line then a couple of peaks upwards from then on...:)
Possible direction for the next leg upwards following resistance slowly creeping up
a couple more bounces within the triangle maybe?