A Bear flag was just completed through the end of yesterday's close.
Supporting TA: Lower volume on advancing days (which includes yesterday), weak momentum going up.
Undermining TA: Above several MA's,
Sidenote: 2014/2015 there was a six month consolidation period with four distinct new lower lows. Currently, we have only had three new lower lows. We are only in the second consolidation month and history usually repeats itself.
Supporting TA: Lower volume on advancing days (which includes yesterday), weak momentum going up.
Undermining TA: Above several MA's,
Sidenote: 2014/2015 there was a six month consolidation period with four distinct new lower lows. Currently, we have only had three new lower lows. We are only in the second consolidation month and history usually repeats itself.
Please look at the price charts for ETH/LTC/BCC(As calculated by TV). All the major cryptos lack fundamentals. All the other indicators are sideways, so, besides the price and the H/S pattern which is almost completed, is there anything else that supports BTC raising out of this descending channel permanently? Please let me know your insights.