Ummm big H&S potentially forming, that would dump us pretty darn hard.
Everything is explained in chart. Easy TA for easy money.
Looking like a pattern I've seen before. Sliding right shoulder, double top, correction ending and continuation is calling. Just an idea that I believe in. 15 min chart is garbage, this is just for entertainment.
This went from a huge triangle pattern right into a H&S pattern (TA is not certain but an entertainment of the idea of our future price of the asset being traded) in my opinion. We will see more corrections down to confirm the next big move up, or down; my bet is we are going back down to confirm this price range (6k-7K) as our true floor and then we build for a...
I believe so. We have retraced the most recent dump before this pattern. I've cloned the bar pattern and matched it up to the current fibs and levels - it's too close to ignore. We will continue the trend down I feel. We will break this rising wedge (continuation pattern) around this zone.
You see here that the uptrend is still intact. We are following previous growth patterns still. Extension from last leg up is being used as a reference point for target price. BTC is gaining major volume over the week and is poised for another leg up here very soon. The market is recovering, BTC is KING.