Noticed a similar pattern from March 18-21.
We're forming an ascending triangle that will likely breakout w/ targets of 8.6k ~ 9k.
We also have a temporary "golden cross" on 2h. If we follow the bull "experts" opinion, which is that "death cross is the most bullish pattern", "golden cross" should be the most bearish pattern. When everyone sees it, the whales will possibly dump the market.
The most likely scenario will be:
Whales will pump at around 12 pm UTC today (Sunday). This will be followed up on Tuesday & then Wednesday dump back to reality.
This is another interpretation of my previous post:
We're forming an ascending triangle that will likely breakout w/ targets of 8.6k ~ 9k.
We also have a temporary "golden cross" on 2h. If we follow the bull "experts" opinion, which is that "death cross is the most bullish pattern", "golden cross" should be the most bearish pattern. When everyone sees it, the whales will possibly dump the market.
The most likely scenario will be:
Whales will pump at around 12 pm UTC today (Sunday). This will be followed up on Tuesday & then Wednesday dump back to reality.
This is another interpretation of my previous post:
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I suspect this little pump will play out the same way as the pump from last week:
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bearish divergence in vol & momentum
in theory should go down, but it's an unregulated casino, so depends on the house
in theory should go down, but it's an unregulated casino, so depends on the house
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Didn't expect crash so soon. Didn't even touch 50d
Could be double top (another bounce).
Could be double top (another bounce).
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If the fractals have any value, there may be an attempt that leads to double top soon
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One little thought: what if verge exits?
That'll send the market way down.
That'll send the market way down.
some action today. just don't know whether it's up or down