hello everyone ! to begin with I am not searching popularity and I think that this service ( Tradingview .com ) should be a place where people can share interesting ideas about different assets ! I just write it cause I am fed up of those people who publishes ideas every fckng hour ( young boys and gils publishing
garbage especially about BTC every day it became smth like Instagram for them!
now what about my Idea !
look on the fractal n1
1.We had that descending triangle back in 2018 - declining volume then the price broke down ( volume confirms )
2. then we had long accumulation phase ( red rounded phase ) then the price ran up !
now lets look at n2
1. I believe every analysis must be simple - we have 4 points so we can observe it as a triangle -descending in my opinion ( the black big one )
2. In early March 2020 we had the price brake down ( for me the volume confirms )
3. now we have this bounce a solid one ( from 4k to 7.5 k ) I don't know call it a Retest ?!
I don't know I am not an oracle like people I mentioned above I just don't like BTC/usd ( Bitfinex ) chart and I don't see anything Bullish right now (but I am a big fun of BTC ).
wanna here some wise comments !Thanks !
garbage especially about BTC every day it became smth like Instagram for them!
now what about my Idea !
look on the fractal n1
1.We had that descending triangle back in 2018 - declining volume then the price broke down ( volume confirms )
2. then we had long accumulation phase ( red rounded phase ) then the price ran up !
now lets look at n2
1. I believe every analysis must be simple - we have 4 points so we can observe it as a triangle -descending in my opinion ( the black big one )
2. In early March 2020 we had the price brake down ( for me the volume confirms )
3. now we have this bounce a solid one ( from 4k to 7.5 k ) I don't know call it a Retest ?!
I don't know I am not an oracle like people I mentioned above I just don't like BTC/usd ( Bitfinex ) chart and I don't see anything Bullish right now (but I am a big fun of BTC ).
wanna here some wise comments !Thanks !