Lots of room down, but maybe start forming a bit of a W pattern in weeks ahead. Keep those stops tight :p
Who knows - Bunch of random lines - Lets hope Tether doesn't implode lol
We have ourselves a lovely Gary Gensler pattern in progress.. While he sits on his ass on permanent vacation, the markets are doing the work for him. Way to go Gary
The joke that is crypto - Doesn't take long to remove 1/4 of the US annual military budgets worth of money from a market now does it? This needs some serious regulation; The fact that the issuers of Tether and stable coins can continue to operate and inflate this market with nothing needs to end! We would be better of with a digital dollar that could be taxed...
In an unregulated space where digital numbers are sold to the people with USDT and unregulated stable coins - While the US overthrows nations that try to issue their own currencies or nationalize their resources - Here we have the GDPs of dozens of developing nations being absorbed within hours by so called "whales"... Only whales I am seeing are corrupt US...
Am I missing something ? Did TOTAL make some kind of super move or is tradingview just assbackwards when it comes to keeping their charts up to date / live?
Personally I find it disgusting that there is a central entity out there with enough control over this space to pull the rug which equates to the GDP of dozens of countries within a half an hour/ with no regulation to back any of it up... Being sold Tether by some entity which has nothing to back it up while the US government does nothing to regulate it... It...
G squad just a random chart I follow. Lot of resistances and lower trend lines to look at
Bitcoindown related to BTC price action. Still think we get upside in Bitcoin over the next couple of weeks while Bitcoin down forms a double bottom / higher low. See how things look starting Feb
This chart of torture is gunna hurt some butts in one way or another in the weeks ahead
Bitcoindown /usdt chart versus Bitcoin price action prediction.. Been following one chart to gauge the other for a few months. Based on the current trend I think we can expect something along these lines with a rise in Bitcoins price starting around 10th - mid January.. Watch Bitcoindown as it moves back down to form a potential double bottom
BTCDOWN USDT. Just a prediction of the chart pattern forming. expect a bit of downside on BTC to apprx 46,750 range before upside. BTCDOWN will backtest the neckline before continuing the down trend until about Mid January where I would really re-evaluate where we are in terms of chart patterns.. I don't like the way the moving averages are looking on a larger...
Exactly as prederpted. Made the M, moving averages curled and we get our upside. Beware towards end of the month / mid jan for this to make a double bottom and potentially bring BTC back to the gutter
Thoughts on BTCDOWN/usdt and the moving averages being a bit extended may lead to some upside in Bitcoin over the next couple of weeks squeezing the shorts and letting retail play during the holidays
been watching this channel on BTCDOWN. Looks like a few weeks up for btc followed by potential reversal in this chart. Watching moving averages and the patterns being formed at the lows
I don't like it. The whole structure is weak and looks like a head and shoulders.. I predict a slow year next year which may bring crypto markets sideways down while other less risk assets catch the spotlight. This is only a prediction and not a guarantee; But seeing our extension of the 200 on a weekly shows me something has to give here soon.. Good luck folks