ATHs (all-time highs) and halving indicated with bubbles 3 macro triangles all played out with their implied direction (descending = downside break, ascending = upside break) The green parabolic trend since genesis has provided support Very speculative macro symmetrical triangle potentially in play (50:50 breakout). This is only shown because of the massive...
BTC giant symmetrical triangle correlates with parabolic trend we have held since genesis. Many times we breakout down from descending triangle only to continue parabolic. Don't lose hope.
Here are both possible scenarios in terms of the triangles BTC is accumulating within. Blue symmetrical: ~ equal chances of pump/dump Yellow descending: more likely to dump Green trend lines: stuck within this region, breaking out would help determine future price action Dark blue rectangles: Sketchy support/resistance zones Light blue rectangles: Potential...
Supported by 50, 89 and 200 EMA along the perimeter of the smaller triangle we formed. Still expecting my previous prediction of a dump to ~7k before mooning (touching the log curve BTC has sustained for years). Likely in correlation with halving in May.
HVP has not indicated that we have met a new high in terms of volatility and MM is not showing signs of an upward break. This indicates we may follow the previous trend BTC has followed throughout conception. Previously after we reach an ATH, we retrace back down to our logarithmic curve and bounce along it multiple times before rallying to a new...
Testing multiple buy signals and resistance points. Lots more resistance ahead but looking bullish.