People accumulating COINBASE:BTCUSD looking like everyone has the same idea. I mapped out two possibilities. I see us dropping more first but it could trade sideways and pop.
I had a feeling we'd see another wave upward before the big collapse. Here is my updated prediction.
Hard to judge where anything will go given current circumstances. That being said, the safest bet would be look at past trends and extrapolate. This is not trading advice this is really just a single scenario that I could certainly see playing out. Halving is labeled with a vertical line.
Without any real positive news you can probably keep following this chart.
Come on, no matter how you look at this situation it is extremely bearish. DJCFD:DJI
Just an idea. If the market recovers (which it might on the day after it crashed so badly) then we can expect a recovery of bitcoin for the day as well perhaps. Just an idea I had nothing much here I swear.
Another update, wow when it pops it doesn't take long to empty out. This is really happening fast. I added a short term forecast guess as well.
Still following my initial predictions in terms of magnitude. However it appears to be dropping faster than I initially expected. DJCFD:DJI
postimg.cc postimg.cc postimg.cc BINANCE:BTCUSDT COINBASE:BTCUSD I think this helps to verify the current move upward. It would seem like most of the initial whales of crypto sold into stable coins as the market came down... Evidenced by the spike in stablecoin cap and volume around 2018. The increase in volume is still maintaining momentum while the market...
Elliot wave just a thought for reference
You know what they sat about the Third Leg of the Third Wave.... This one is just clear I think... COINBASE:ETHUSD
This is another fractal looking to repeat. Hence why I believe this support will hold.
another scalp KRAKEN:BATUSD
Going long after this dip to support again. retest than pump perhaps.
Trading as shown. Possible move up.
BAT has another harmonic formation for trading off of.