In-depth and long term analysis. After breaking the 3k resistance in July of 2017, Bitcoin reached all time highs at 20k in approximately 5 months. I'd say we're 2 months into this rally and if history repeats I'd expect price to top out at 31k in February 2021. If price respects my extension level, price should begin its decline from there for an 84% move like we...
The Nasdaq, currently at $12k, will fall to $11.3k then rally to previous highs, break them and hit $14.7k. A decisive break below $10.7k would invalidate my idea. Vaccine and stimulus announcements will be in play the next few months obviously. All malarkey. Charts don't follow the news, the news follows price action and the charts
Uptrend on 1D. Break of range and inverted head and shoulders on the 15M. Waiting for a retest of structure and the 78
Bearish flag and ascending channel. Will be shorting at the retest