Bitcoin went out a downtrend and forming a potential ascending triangle pattern that could unfold to a downtrend continuation or a market reversal? what do you think? i rather believe in a market reversal xD
decisive moment for bitcoin as russia vs ukrain war news manipulates the markets emotion, whats gonna happend next? good news or bad news?
60k price target? what do you wanna believe? bullish scenario or bearshi scanerio? take the bullish pill, you stay in the wonderland and i show you how fair bitcoin can go. take the bearish pill and you go sleep and the price goes back to where it was
Looks Like bitcoin is forming a Head and Shoulders pattern, price target at 38k area. Also the Fundamentals doesn't looks very well... the sentiment of the markets are fearful because Russian vs Ukrain War Rumor. How this is gonna unfold? please share your opinion if you desagree.
According to Wyckoff, the market can be understood and anticipated through detailed analysis of supply and demand, which can be ascertained from studying price action, volume and time. As a broker, he was in a position to observe the activities of highly successful individuals and groups who dominated specific issues; consequently, he was able to decipher, via the...
PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. SC—selling climax, the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed...
press F11 to fullscreen mode for better visualization ENJOY ;)
make your decision