The very bearish diamond formation has formed finally, much lower prices are now possible
Nobody is able to predict the market, nevertheless a was betting in January to have BTC at 50k end of 2018. The drawn idea shows how it could move to that level. In short term, a correction might come and will be interesting to see the bottoms. Will keep you posted.
The overall downtrend line, established in December was broken by BTC now. This is an extremely bullish signal and a proof we are left the bear market. Indicators are still fine and next resistance zones are the target now. ps. it is admirable how precisely a simple TA can work
Looks like IOTA as well as other crypto channels established a trend channel. The potential upside for IOTA is one of the highest.
IOTA looks overbought and could be a nice possibility for a short position.
Just a small recap of yesterdays ETC TA, the bull pennant was formed precisely as expected. Scenario one was following. #crypto #trading #etc #bitcoin #patterns #assets #sisu
A lot of people asked me to share my TA public. Here we go! Will do it now frequently. Feel free to follow me as well.