Could bitcoin actually be shooting for new all time highs? If this breakout continues or just holds above 10,500$, I say yes!
U cant see it on hitbtc because there is no price history, but hex is right on the verge of breaking out from a gigantic falling wedge. Did you buy in yet? You really should..
Well considering also that the huge historic all time uptrent support line is like right here at 7.6k then i'd say there is a pretty good chance we will bounce from here..
It looks like a breakout attempt from the mid-term downtrend is incoming on bitcoin, and if this will be successful an up-leg and a test of the greater resistance at around 9k is very likely in my opinion, if not the large scale breakout back up to the 12k-14k area. On the other hand, that downtrend that we fell into is a very parabolic looking downtrend, and I...
Did other people hear that also? P.S.- the resistance is not confirmed and this is all just wishful thinking
What do you think the odds are for that lower low at around 5.7k? i still think there is a chance it could happen, but at this very moment it seems more likely then not to be actually breaking out of the large scale correction, and this could cause massive pumps in the days and weeks to come.. it could also dump very hard right now if this is all just a fake...
I am not at all worried about bitcoin.. I do think this wacky parabolic downtrend could slam us so hard into the support that it could cause a fake-break to as low as 5.7k or possibly even lower, and this in my opinion is very likely to be the last chance to buy bitcoin for this cheap, and i really would say that prices in the 5k range are probably never ever...
the EOS/USD graph looks very bullish as well, in this graph the price is right on a support line of a bullish pattern right now and when we zoom out to look at the whole price history and we switch to the log scale we can see that in fact almost the entire history of EOS is pretty much a huge bullish falling wedge pattern.. I am definitely buying some more of this..
We are now approaching the resistance of the biggest bearish pattern that we had on bitcoin since the huge falling triangle of 2018 broke down, and this pattern is now so mature that it's now more likely than ever to be the last time it touches this resistance, possibly right before we have the real dump to 8k-7k and below. The target for a triangle this big...
Uuuhm.. Is nobody noticing this like at all? Patternwise doesn't that look like pretty much the worst thing in the world? I don't know much about the fundamentals of american economy (or about economy in general lol), so maybe everybody is just relaxed because of reasons that i don't understand, but from a pure TA point of view looking at the chart, shouldn't you...
Remember that big rising broadening wedge that BTC broke down from but not really that hard and then came right back into it? Well it turns out that it still hasn't been violated in the logarithmic price scale, and its support (now resistance) is really really close to where we are holding right now.. What does this mean? Well at the very least it means that...
Remember that big rising broadening wedge that BTC broke down from but not really that hard and then came right back into it? Well it turns out that it still hasn't been violated in the logarithmic price scale, and its support (now resistance) is really really close to where we are holding right now.. What does this mean? Well at the very least it means that btc...
Let's try to consider the more bearish case where the 7.5k-8.2k zone is eventually broken and BTC goes down to test lower previous support zones, which support area do you think is most likely to hold as the real bottom? I really don't feel sure about what zone is most likely to hold, but f I had to gamble I would probably put most of my money on the 6k zone, the...
We have been trolled by a textbook Bart Simpson pattern! What does this mean for bitcoin? Will we go up now for a double whammy back to back bart-man trolling pattern? will we fall back down to 9k again now? I have no idea, i just wanted to draw a bart face on tradingview.. But you write down what you think is going to happen in the comments below! Also did i do...