Hey everyone, I have been seeing this possibility in the charts and the daily. We could have a double bottom into a cup and handle reversal. We have a potentially bullish symmetrical triangle in the handle as well. If this plays our we could launch into 6.8k in two months for a full retest of 6.8k. I'm an amateur, and this is not trading advice. This is simply a...
Check out this giant ABCDE Triangle formation that is forming on BTC. I think we will blast off mid march - early april. Also check out how it correlates to fibonacci. Coincidence? Maybe, maybe not. Only time will tell. But I think is where we are heading for the next 30-40 days. Be careful out there. The upward momentum will return. Patience will bring you...
After it leaves the triangle I think it will break out to test ATH. I think this is going to pair up perfectly with the rumor of the "news" Justin has been hyping on twitter. This could be a powerful move. hold the line! This is just my opinion - please make and trade off of your own TA. I am not responsible for you losing money. (But if you make some... maybe...
I think we are going to climb up to 7500 and beyond. I think one more minor dip as there is currently about 70% shorts at the moment. Push to 7500+ and then the correction will come. There is still some money to be made before the fork. Don't get caught with your pants down! I think there will be a major correction. BTC is still going up because over the last 24...
We have gotten close to breaking out of this downward bear flag. But we haven't. Also, at the time of posting this the sell to buy ratio is at %69.8 sell for the last hour and %58 for the last 24 hours. I think it is possible that it is going to grind downward over the slow weekend till it punctures the floor. Then the first stages of THE BIG DIPPER of 2017 will...
Is this the top? Are we still going higher? Not sure, lot's of support at the 7100 range. But this small descending triangle that is forming up here is very interesting.
I think this flag is clear to go up. I do think BTC is going to drop after this breakout for another big buy opportunity before the fork. I'm not an expert. But lets go bitcoin!
I think a clear head and shoulders is forming. It could rise up a little more and then drop the length of the neckline. Textbook head a shoulders move. This would put the buy zone at 4700 conservatively. This would be wonderful right before the fork for those who want to buy big. Resulting in a huge push to ATH. A textbook setup to subtly dab on the haters.