- vpvr resistance - bband resistance - price divergence sell signal - bearish consolidation pattern
When price action closes inside the red meme on the daily timeframe, it goes edge-to-edge. 100% hit-rate starting from August 2015. 10 out of 10 occurrences. And not like shit-tier closes where the meme cloud gets narrow. It punctures the upper thicc.
Looks like it'll bottom out and reverse soon. (long bitcoin, short inverse-bitcion). Imo it'll polarize toward the red diag at 7k+
Dump to super high 6.4k to play out desc triangle / bear pennant & 3D bear div, filling out the last remaining gap. W bottom reversal comes after as 3D bull div starts playing out.
INVERSE H&S AND IT'LL ACTUALLY WORK THIS TIME YOU HEARD IT HERE FIRST
Solid af fundamentals & decent range for spot accumulation. If you think trex is going to be a vol-dead graveyard forever, you're only kidding yourself.
- inflation halved - 20% dev reward for sustainable budget & exchange listings - No gaps left to fill below, phat gaps to fill above - CHOO CHOO - making a HL, wyckoff accum cycle coming to an end, mark up imminent
Prob sweat out one last correction / possible spring before breaking upwards hard.
Not a fan of xrp by a long shot, but if the weekly closes above support - that's 3 times that a leg down was rejected. Nowhere to go but up.