The initial descending wedge I noticed in my previous BTC idea
turned out to be part of a much larger wedge on the daily chart, which is quite hard to notice, unless you flip the chart upside down.. If your bias does not change, then you're looking at it wrong.. BTC is 'bearish' to those who haven't changed their perspective while looking at the chart.. And by doing so, a hidden trend is revealed... If this pattern played out in a normal situation, you'd expect the exact same thing to happen as indicated by the chart, however, notice the scale, it's inverted :)
Now... When you flip the chart back to normal, it reveals a pattern that really should be 'obvious' but it's quite difficult to remove the 'bearish bias' that most have, which is preventing them from seeing the large wedge on the daily chart...
Now that everyone is fearful, Smart money is acting greedy with regard to BTC...
BTC is deceiving us all.. It is silently mooning... Big money needed time to join the market...And their time is running out...
Get ready for the 'dump' (Actually means pump given the inverted chart)...
I've included an initial expected target upon breaking this major wedge & will re-assess once we've reached it. Stop-loss also added in event pattern is invalidated.
Previous BTC ideas below:
Good luck everyone, & good trades be with you.
*Ticker symbols below, ignore these*
BTCUSD 
SATSUSD BTCUSD BTCUSD BTCUSD BTCUSD BTCUSD 
BTCUSD BLX $NASDAQ:BLX 
BTCUSDT BTCUSDT BTCUSDT BTCUSDT BTCUSDT BTCUSDT注释
Having a look at some of the weekly indicators, which are showing signs of potential bullish reversal!注释
Here is a similar look on 3-day chart:注释
Daily chart major bullish div on daily fisher transformMacD daily bullish div
Stoch RSI showing both major & local bullish div.
Same situation with Ultimate Oscillator
Commodity channel index multiple bull div's
RSI double bull div
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Weekly fisher transform bullish signal注释
2-week MFI hovering on support注释
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3-day CCI hinting to bullish continuation注释
3-day RSI bullish signs注释
Daily MacD注释
Daily RSI 注释
Daily CCI 注释
Daily Fisher Transform注释
Daily MFI 注释
12hr MFI 12hr CCI
12hr RSI
12hr MacD
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Renko confirming this ideas bias注释
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Related charts are scattered throughout this idea:
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相关出版物
免责声明
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.