Hi my friends Since my first post a couple of days ago I've been able to finally come up with a clear map of the FUTURE! Bitcoin has been in a long downtrend channel for a "long" while already and Magicpoopcannon gave us a real vision on this market! Thanks professor!! What I would like to add is that trends and "complexity" have just been reduced to one single and simple SHAPE: A TRIANGLE! Yes, pennants, triangles it's all been the same in different sizes. As I've mentioned in my previous posts we've seen (6th january - 15th january) a sequence of lower bearish flags ending up to one single bigger pennat with no pole, a triangle! Since the 29th of january we've seen the opposite, with a sequence of larger bearish pennants and NOW we are expecting a smaller simmetric triangle to be formed (or pennant with no pole). Also as we've been able to observe, triangles pattern are are completed at about 75% of they're formation. That's why we can expect the breakdown of triangle to happen approximately tomorrow. We've also seen a close relation between cryptos and some coordinated signals of breakout days and reversals which now brings us to one CLEAR DATE! San VALENTINE! I guess that will be the planned #CRITOLOVEDATE leveraged by the BIG FISHES with the big NEWS of LITEPAY'S LAUNCH. I guess that will just confirm a solidification of our market lows but doesn't necessarily mean we'll immediately ARRIVE to the moon, that might take time! Many coins will end they head & shoulders patterns or tripple bottom (Litecoin), MACD will reach a third higher low, good signs also on MA's finally being test and getting above them for a little while, volumes picking up, etc. In conclusion be happy to have some chances to pick some coins at a good price! THIS WAS ANNOUNCED TO BE THE YEAR OF BLOCKCHAIN, believers or not this is powerfull democratized technology!! HAPPY SAN VALENTINE IN ADVANCE!
Thanks for the TA and keep posting them!
But dont you think that with launch of litepay would reflect in BTC sellout, since BTC is not darknets fauvorite doe to high fees and slow transactions?
SteveMaglio
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@19goldenboy83, the game mayor influencer might change but I believe it is still early. That we cannot say for sure but in this moment coins can help eachother as well :)
But dont you think that with launch of litepay would reflect in BTC sellout, since BTC is not darknets fauvorite doe to high fees and slow transactions?