identified by @ferjuhuza. Price goes up, but oscillator goes down. If our price doesnt break down, this is possible.
Possible Bear Flag forming. BTC is making it too easy for us..
Here are my Elliott wave Counts! Congrats to you if u followed my last few predictions! Tell all your friends to follow me, and we can get traders like D4rk who are sharing incorrect Elliott wave counts out of the leader boards!
Bear Flag? Possibly Pushing it but we havent hit our target of 9k yet
Target at 9k. Congrats if u took my last 4 ideas (i did $$$)
Interesting how last flag formed exclusively on finex and this one only on mex..
Movement up toward 9.37-9.48 for a nice dead cat bounce. Congrats if you caught my last post! I had some ask about what a bear flag was.. if anyone ever doesn't understand the things i post, make sure you ask about it, I am always open to teach. warning: this is only a prediction, I suggest to not long any sort of dead cat bounces, as they are sometimes hard to...
Educational Purposes, just something i noticed.
I am still improving, but doing this once a day helps. Triangle broke, but without much conviction. My Bearish scenario is close to invalidation point, but the large sell off drove my personal sentiment slightly toward the bears. The bears were able to take control, unexpected during a break like this, with the amount of money pumped into the market. Follow...
Since the triangle broke, this is another possibility if the uptrend is rejected. (X) wave was recounted, correlates with extension.