Hello BTC friends! I am new to TA but would like to share with you a potential outcome that I am seeing. Let me know your thoughts so we can all learn! From my perspective there are multiple reasons why BTC looks like it will fall in price: 1) BTC completed the 5th wave on 3/14/21 and is now in the correction phase. 2) BTC failed to reach the top of the...
Hello! I am new to TA but I noticed an interesting pattern so I wanted to share. At first I thought that the trend was within a bearish expanding triangle but then I noticed a series of bullish falling wedges nested within the pattern. I also noticed that after each touch to the expanding triangle support BAL would hit a new ATH within 3 to 4 days. I'm proposing...
Hello! Last night I posted a chart showing my analysis for a new ATH for BAL/BTC by 2/22/21. I stated," At first I thought that the trend was within a bearish expanding triangle but then I noticed a series of bullish falling wedges nested within the pattern. I also noticed that after each touch to the expanding triangle support BAL would hit a new ATH within 3...