Trend-Is-Your-Friend Bitcoin Daily Blue-Print (99.9% Accurate)
Blueprint of Bitcoin on Daily.
Markets are going to have their liquidity drained from the markets. I will assume Bitcoin will follow the stock market. For now the trend is down.
Bitcoin got rejection off of the 50 Daily MA a few days ago, and a 13-Count sell signal as well with a 9-Count on the 4Hour that same day. (5/31-6/01)
Bitcoin got broken down from a rising wedge, with negative divergences (declining VOL on rising wedge pattern)
Bitcoin then formed a Head&Shoulders pattern, which we have broken down below the neckline, then making LowerHighs & LowerLows on daily.
I assume we will have a sell off for the next 4 months at least.
Goodluck, happytrading & #NFA
Markets are going to have their liquidity drained from the markets. I will assume Bitcoin will follow the stock market. For now the trend is down.
Bitcoin got rejection off of the 50 Daily MA a few days ago, and a 13-Count sell signal as well with a 9-Count on the 4Hour that same day. (5/31-6/01)
Bitcoin got broken down from a rising wedge, with negative divergences (declining VOL on rising wedge pattern)
Bitcoin then formed a Head&Shoulders pattern, which we have broken down below the neckline, then making LowerHighs & LowerLows on daily.
I assume we will have a sell off for the next 4 months at least.
Goodluck, happytrading & #NFA