BTC has broken the trend line of this descending triangle again. This pattern is starting to lose significance.. but still relevant for now. Its changing by the day really.
I'm also tracking a lower significance ascending triangle, of which we are testing its lower trend line.
Patterns within patterns.
I'm not convinced by these small pumps, not sure if it has much follow through. If you think about it another way, these are a LOT of lower highs. These pumps are getting smaller, weaker.
For me that more indicates a squeeze and potential upcoming volatility.
MY PREDICTION = Retest of 34k
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
2:30 = 36k failed
5:00 = Death crosses big deal?
7:00 = BTC 4 hour
8:30 = Nature of these pumps
13:20 = BTC 1 minute
15:00 = Scalp
16:10 = MY PREDICATION
19:30 = Closing words
I'm also tracking a lower significance ascending triangle, of which we are testing its lower trend line.
Patterns within patterns.
I'm not convinced by these small pumps, not sure if it has much follow through. If you think about it another way, these are a LOT of lower highs. These pumps are getting smaller, weaker.
For me that more indicates a squeeze and potential upcoming volatility.
MY PREDICTION = Retest of 34k
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
2:30 = 36k failed
5:00 = Death crosses big deal?
7:00 = BTC 4 hour
8:30 = Nature of these pumps
13:20 = BTC 1 minute
15:00 = Scalp
16:10 = MY PREDICATION
19:30 = Closing words
