On-Chain Flows This is what Matic looked like 7 days before it exploded. ibb.co Chainlinks looks very similar to that same setup. ibb.co
It braked too hard, momentum left its hanging out of the channel. Usually a sure sign that it's going to swing back the other way hard and soon. See image: ibb.co
It looks like its completing a similar pattern that led to the last breakout. Keep your eyes on BTC, it is expected to fall around 58K, and as BTC goes so does everything else...
Im noticing a similar pattern to the 18th of February. The drop may not come because volume seems to be higher and BTC on the 18th was dipping but its rising now. So we may go slow instead of any major dip then rocket as BTC does.
There is a pattern repeating itself with the DMI, RSI, EMA from February 22nd to 23rd where we had a similar fall from 52K to 47K
by before $0.15 or forget it. Big risk of a dump coming right before $0.18
Following similar patterns with volume and directional index. I made a few horizontal red lines for possible points but the purple is what looks most likely.
When the +D and -D go completely opposite, it usually leads to a temporary decline in price right after. Usually 5-7%
Hi Guys, Here is the previous chart I am making the comparison to when BTC hit 56K: ibb.co I see some similarities here. What do you think?
Just worried about this potentially repeating pattern. Is this stupid? Thanks.