I've identified a bilateral pattern otherwise commonly known as your typical descending triangle. Today Feb 1st, 2018 at approximately 5:30 am it broke the support line from the triangle as you can clearly see. That signals a breakout downward. Now , the questions is where it will try to test next. Well, Ive identified an old trend line that is the purple dash...
BITCOIN DROP SUMMARY FOR: TUESDAY JAN 30th, 2018 Overall, bitcoin has suffered a 50 percent drop in market dominance since November of 2017… Currently, market share for Bitcoin as of this post is exactly 33.8 percent, having not too long ago been at over 60 percent. So is this digital gold diminishing as a store of value, and potentially being replaced by market...
This rising wedge appears to provide an opportunity for short term gains with specific stops. This is how i set up my trade for ELF/BTC.. If you turn on your Bollinger Bands you will see that as of this post its on a narrow squeeze on Jan 28th, 2018 at 19:28 central time with a potential for short triangular burst outbreaks hitting support and resistance in an...