***tHiS iNfOrmAtion iS NoT a ReComMenDatIon tO bUy oR sEll. iT iS To bE uSeD 4 eDuCaTiOnAl PuRPosES oNlY.***
Good --another bullflag may be appearing] --we have momentarily decoupled from bitcoin 0.72% Bad --XRP is overbought --the MACD has diverged from the signal We may see the price go over $1 as we head towards May, but who knows in the crazy world of crypto. *Remember I'm just drawing lines on a graph this is NOT trading advice*
LOOK AT THIS BIG FLAG LOL *Remember I'm just drawing lines on a graph this is NOT trading advice*
A nice bull flag has formed on the 4 hour chart, with 3 T H I C C green candles. Looks like it may break up and complete what may be an inverse head and shoulder pattern forming. Could this be what breaks us out of the ever present downward trend?!?! Who knows! I truly don't but I at least I can draw lines on a chart and still have no clue what I'm talking about.
Well even though a bull flag has formed, it doesn't mean all that much considering the bull flag from last week broke down and was considerably larger. Even though I have no clue what I'm doing - seeing the overall downtrend since January it's clear bitcoin will slide! Don't know why I see the top boys fighting on TV but it's even more clear most people here...
Everyday instead of doing my assignments I spend two hours trying to workout what my 0.11847 of a bitcoin will be worth in the next eight hours.
I see flags. Kinda bullish on the MAC-daddy D. Looks like we may see a break out very soon - up or down. I truly have no idea what I'm doing.