If this divergence plays out I would not be too surprised if the price gets to 40k and that’s if I’m conservative about it. In my previous post, I show the bearish flag. If the price goes to 40k we may start testing the bearish flag support becoming resistance and then I assume it will indicate even more bearish move which may lead us to a lower 30k. Let me know...
Is the year anniversary doomed to fail? Well it sure looks like it, I belive the next few days will certainly tell where tech is headed for the next few months.
If it stays inside the yellow trend line it may have trouble at the next roof just like it did in november. Inflation may be another factor for pushing tech down, be careful people.
My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
LINK Update:
LINK appears to be forming a rising wedge, which in most cases is a bullish pattern. However, if you zoom out, it can also appear to be forming an inverse head and shoulds, which would support the narrative of LINK putting another leg down to re-test the $12.00 region and lower. But, the market seems to have a bullish sentiment, thus a re-test of the...
y Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
Note: This is not financial advice, nor am I a financial advisor. Therefore, my analysis should be taken with a grain of...
