RimmerDall

To The Moon: A summary of past patterns and current indications

Long
BITSTAMP:BTCUSD   Bitcoin
3
P held, price broke through first ichi cloud risistance, ichi cloud crossover, green line crossover, rsi bottomed out then crossed past 50 indicating possible trend reversal, and it's "about time" for us to have bottomed out. Granted this flag looks more stretched out than theothers, which may cast doubt on the pattern's continuation. If the angle increase holds, consistent with an exponential technology adoption curve (which also would explain the 's' patterns), we are due for a new, steeper uptrend to begin. While this sounds ambitious, it would be consistent with a notably larger influx of capital from wallstreet and other institutions.

Edit: Of course, when I published it it screwed up the angles.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.