As we can see on the daily chart, bitcoin is moving in a descending triangle. Bitcoin need to break out of this triangle in a upside way to remain bullish. A downside breakout means bearish and may take a while to regain profits again. This is no financial advice, but I think this is a strong possible scenario. What do you guys think?
On the 1 hour chart, I think I found a head and shoulder pattern. If I am correct, this is bullish isn't?
I am not sure about it, but is this a legit W pattern? If so, then bitcoin is super bullish or not? Just a noop so I am asking the experts ☺️
I am not sure, but is VET forming a BullFlag on the 1 hour chart?
Crypto space is like what ☺️ Now the first scenario doesn't worked out for me. Let hope that we can break out of the falling wedge in a positive way up .........
Bullish, although all depends on bitcoin. Most alt coins are following bitcoin in this stadium. Hope for the best ☺️
Hope for the best ☺️ I am still bullish on bitcoin. If we zoom out BTC is forming a falling wedge, which is also bullish.