As per graph, I'm inclined to think we'll go lower to the target green target box. With the declining RSI and Volume, and 400HMA and Fib.5 as top resistance, i reckon we'll see a breakdown through the cloud rather than a bounce. An upward move with 600/800HMA and Fib.618 as resistance, only to test the cloud at a later date acts a second scenario. Cheers!
So I asked a friend who is really into internet and stuff to have a look at the BTC/USD chart, and he instantly pointed out something that cannot be unseen. 404 Anyone using internet should know this one 666 Dark and dangerous 4160 'algo' algorithm 1337 'leet' = elite 31337 'eleet' = more elite 5475 'sats' 6338 'geek', seen 'k' been spelled...
Showing the world my total ignorance on any and all Gann-principles. I like drawing Gann-fans though - looks like a lazer show.
Bouncing off MA350 soon (maybe) - but not to the moon. How far?, you wonder - historically to the MA two hundred.
A quick look at Chainlink. With a declining volume since oct'20 I'd say a test of the channel floor is minimum before placing any bets here.
Covid-19 traveled back in time and made some adjustments so we´ll have a december top, a dip, and a bright 2022. There is a slim chance that time travel might not be possible though, and this is another beer-induced (untrustworthy) vision.
Pick a line!, any line! - Look at it, keep it to yourself and don´t show it to anyone! --- 4 years later --- Was this your line? No...
Trying out a fractal for a few days. Do you think it´ll play nice?
We have reached the "Leet" (1337) level in ETH/USD. Also the BTC/USD "AI Go!" (41 601) level. Are you concerned?
Hopefully, the report on may 14 will give a jolt back into the long trend channel, perhaps a good report will take it even higher.