Massive Triangle (for personal use)

6 thg 4, 2020

I want to see how this goes down - in a way it is Bitcoin's big make or break moment. A break below practically signifies the end of the Bitcoin price bubble, and a break upwards may confirm that we are indeed a new cyclical uptrend. It's any sides game right now, but I am noting the huge uptick in volume.

7 thg 4, 2020

Ghi chú

Prediction : being that RSI just came off its 2nd lowest recorded reading since 2017 (5Y), we can easily pop back up to test upper trend line by-around Summertime.

30 thg 4, 2020

Ghi chú

That was quick. Looking now to see if we can turn resistance to support. Also, take out 10.5k otherwise this just becomes another lower high. I will practice skepticism until the overhead resistance trendline since 20k is broken.

6 thg 5, 2020

Ghi chú

Here it is, the big decision point. Do we break through, or do we form a lower high and continue the pain?

11 thg 6, 2020

Ghi chú

Its hard to stay loyal to your forecasts, especially on such large timeframes. But my idea is coming to fruition, we are resting on top of the long term resistance now. We can explode upwards now, unless another market crash occurs. Fakeout is still possible and I am protecting capital, especially in our uncertain times.

24 thg 6, 2020

Ghi chú

consolidation above massive triangle signals massive breakout incoming at some point.

9 thg 8, 2020

Ghi chú

And there we are.

16 thg 9, 2020

Ghi chú

This is the most bullish chart I've ever seen. Accumulating regularly.

19 thg 1, 2021

Ghi chú

What a run! Great to be a part of history.