Just interesting fractals. Look at it a bigger picture and think ahead and you will realize, its not so bad right now. However, this summer will be very important which way bitcoin wants to go up or down.
ETH/BTC charted on a log. market gained some confidence recently. i think the market will have a little more sideway movement showing accumulation and, boom, by Mid may i believe it will take off. MACD showing good signs also. End of Q2 should show promising results.
what will happen to bitcoin? tbh i dont fucking know. only bullish signs is a steeper falling wedge from the previous one and a double bottom forming. Bearish signs are death cross teasing day by day, macd showing downtrend indicating weakness and btc breaking support like a landslide. Calling bottom around 6k in the next 40 hours for a solid bounce, (this sought...
6,800 - 7,000 should be the bottom. Compared to 6,000 it will be a higher low = Bullish Sign. A clean Falling wedge is intact and should hit the trendline which is set around 7,000.
SHORT IT IF U KNOW HOW.
Although bitcoin broke resistance of the mega bear trendline , it failed to stay above and broke support showing that the bears are still clinching on the market. Blame the decline on the lack of volume and multiple FUDs that happened the other day (Binance Bot Hack, Japanese regulator, SEC statements, etc). MACD indicates that BTC will continue to decline, I...
Bull flag formed, looks identical as the bull flag that formed in mid December before its huge run. Ready to take off. Minimum Target 0.025, Conservative Target 0.03 Wishing for 0.045. Hoping to hear fork support from Bittrex and this baby is going to fly.
Possible scenario if ZCL follows the same type of bull run in late December. Maximum Target 0.08 (I highly doubt it will reach this level but we can dream right?). 12 days left until the snapshot. For dumpers, I think they will start dumping as it gets closer to the traders perceived max target. Probably 2 - 4 days before the snapshot we'll see a decline in price...
