Here's another look at BTC's current situation, I alluded to bear traps in my last double bottom update. Here, I zoom in on the 30min chart to show exactly what I'm referring to. This short uptrend bounce has been very hard fought. It's almost been painful to watch. The last two bull flags didn't break out until about 79% of their own retracement. Now, I think...
If you missed my last update, it probably wasn't your fault.. I'm still trying to figure out how to publish my ideas on this site. I had a problem with my chart that messed up my thumbnail. So, I'm trying this again! Here's an update to my first Double bottom post. I have included some football related analogy's encase my last NASA slingshot reference was lost on...
Okay, I drew some more lines and arrows on my chart, but I also added some boxes and more text! Here's an update to my first Double bottom post. This interpretation was formed using my own set of highly technical and complex algorithms that I like to refer to as.. pure speculative imagination! Our second little bull flag did indeed form. It's not a lot, but...
Okay, I was tired of everyone else having all the fun. So drew my own lines and arrows on a chart. Here's my first analysis. This interpretation was formed using my own set of highly technical and complex algorithms that I like to refer to as.. pure speculative imagination! It might be a little early to call this one, but it appears a second small bull flag might...