Hello, I drew the original pattern of this chart few years ago. A Mega-Horn formation, the market rallied to climb above the horn, then failed, tried a final climb, then dropped inside the horn, in a steep descend. I added more forecast lines for it. I am not optimistic..... as the market tried to climb above the horn and failed, it is likely going to fall the...
Classic very long-term cup-handle formation is near complete. Suggestions.
If my textbook readings are correct, this formation has 90% accuracy, that means, Bitcoin will reach its highest value again, .... what will happen after that, I do not know, I welcome comments.
Looks like the market tried to overshoot the channel, failed and broke into it, and now trying to fall below the channel, That is the reason of the strong temporary market bounce (hitting this multi-year resistance trend-line), once it breaks through it, the market will be in a free fall.
I am Beginning to be 100 percent sure that events in the market are manufactured simply to push the market one direction or the other that is favored by the elite. It is so obvious in this regulatory agency charge against Musk..... How Ironic that as Tesla is about to make a push and succeed again the mounting Shorting attack again the company..., despite of it...
Clear Horn formation, the horn base is facing down, so the breakout is expected North..... If the price breaks the upper border, then target of 460 at least by August. Horn has high accuracy, Good luck.
Never forget to look at the Log chart
Looks like next target is 17,000
GOD help us all.
I welcome your comments to help draw this better
Looks like Bitcoin should spring up, unless it is under great market pressure...... I appreciates thoughts and feedback.
Funny transition, between momentum zones, wonder if it will be strong enough again to climb back to the top zone
Clear formation... time for exact entry
30% profit......
The chart speaks for itself
Looks very Classic to ignore.... Thoughts... Need a vote.
Looks like it ad broken multiple triangles, and heading to a double price within a crashing Horn.... Thoughts
Horn and Triangle interaction, recovery is not complete yet... comments?