Great fibs working well within the asc triangle, with classic 618 retracements signallling good buy areas. Interesting time cycle that shows regular up and down cycles. If hostory repeats, some sideways action in may, then an impulse up to test 200 and beyond on 24th May.
Not painted a bear scenario as this looks continually bullish. Bitfinex / tether...
You can dismiss the insane green wicks as PnD. But you should not dismiss the possibility of those big spikes representing investor/partnership money.
Great chart. Squiggles are usually good short term, 1-2 weeks.
I dont see a better investment chart than this at the moment. Everything else has mooned.
It could go down, but there is currently low momentum on price, so low risk.
Nice previous volatility and evidence of accumulation during its flat phase. It cant go much lower, its rock bottom pretty much.
Huge volume spikes and wicks since 18th march. Easy trend lines to draw. 40% up vs bitcoin in last 3-4 weeks.
Wicks say to me that people want this and perhaps know something we dont and doing market buys just to get in.
At some stage volume will spike again.
Interesting coin. Its a platform coin i think and ERC20. Who knows, it may end up on coinbase, along with...
Overbought RSI, correcting, Completely at its peak on all indicators. And.. only coin to breach BTC ATH ratio in April?
Who doesn't want january levels of inflation to sell for profits? Sell high is a good strategy and this is off the chart high. We are likely to see w wiggle up over $12 on coinburn.
Is BNB worth more? Well i hold 1 for playing on binance half...
Bitcoin has a lot to recover from. Its a world away from satoshis dream of a communistic like monetary system, now farmed by the rich corporations instead of individuals. Its a real shame. The graph is obeying that downward pennant pretty well and the ath:6k fib clearly shows where it needs to bounce off. Nice basic chart, makes sense to me at least.
In wave c...