Viacoin MAN is seeing that the descending triangles and "Fractal Trend Lines" are converging.
Viacoin MAN took some trend lines from his oracle because he wanted to prepare himself for a bearish situation at the close of CBOE
As Viacoin MAN was researching, he discovered that the trend lines form a fractal from previous bull runs.
If we run these lines chronologically we see they have become support for the descending triangle we are in now on the Daily.
Viacoin MAN sees the formation as another confirmation that the timeframe of the bear market is coming to an end or is over, as we are edging up per support of recent bottoms.
The opportunity to dip is still there, so set up some buys just in case we get so luck to have a flash discount.
Viacoin MAN took some trend lines from his oracle because he wanted to prepare himself for a bearish situation at the close of CBOE
As Viacoin MAN was researching, he discovered that the trend lines form a fractal from previous bull runs.
If we run these lines chronologically we see they have become support for the descending triangle we are in now on the Daily.
Viacoin MAN sees the formation as another confirmation that the timeframe of the bear market is coming to an end or is over, as we are edging up per support of recent bottoms.
The opportunity to dip is still there, so set up some buys just in case we get so luck to have a flash discount.