Phince

Phince Updated 

On the 1h chart we can clearly see a bearflag. So a possibility to go lower is here.

Phince Updated 

We all want to see shapes.. but please don't call out these shapes that are not there. Or at least inform us about your premature/early calls.

Phince

BTC seems to be in a bounce it could go up from here....... Though I think we will need to find a bottom on the yellow support lines.

Phince

XBTUSD daily ptichfork

Phince Updated 

On this daily chart BTC has formed a descending triangle. These triangles have a habit of breaking down 64% of the time, volume goes down up to the moment it breaks out in a downward motion. On an average these triangles break out around 64% of the apex length. the most powerful breakouts happen in the 80 to 85% apex area. Ive started drawing this triangle a few...