Hrubicon

Hrubicon

More amateur analysis... Although the GBTC unlock may not in and of itself cause a major correction, the days leading up to it most likely will. The most reliable indicator I have found for minor corrections is when the Stoch RSI reaches above 80. It may float for several hours at this level, but will normally indicate a downturn. Note this is reliable only on...

Hrubicon

I don't claim to know everything about charting, but patterns are sometimes just in your face. The blue vertical lines coincide with both a Stoch RSI above 80 and the impending drop it historically triggers on the 4 hour time frame. This happens after a period of bullishness or indecision. As we near the end of this defined channel, a decision will be made that...