We can see $BTC has finally woken up and no where is it more evidently bullish than if we look at the one week chart.
I find that the circled areas are mirroring and even below the circles are mirrored. Some look for patterns in the chaos, are we seeing past action predicting the future movement? We are seeing many weeks of the same movement as we saw before. If this continues, will we see the one week candles go big again - PAST 20k? I've numbered 1-4 the past candles and the future possible.
This cup that has been forming all year long has finally taken off.
The second great indication is that it has finally broken through the ichimokmu cloud after hibernating below it for so long. Finally, the MACD and AO indicators are bullish as well, especially the MACD which seems to be continuing along the same path the other indicators have laid out.
But why is this happening after such a long slumber? We needed a catalyst. Is the Facebook Libra news enough to get past the institutional money making moves? Will we see new money and new interest in crypto come back after the long winter?
If we do, will that new interest move into secondary and tertiary coins?
This is most definitely NOT financial advice. Please don't sell your house or kid's college fund!
Don't forget to comment and like. Follow me on Twitter @ashlandweb
I find that the circled areas are mirroring and even below the circles are mirrored. Some look for patterns in the chaos, are we seeing past action predicting the future movement? We are seeing many weeks of the same movement as we saw before. If this continues, will we see the one week candles go big again - PAST 20k? I've numbered 1-4 the past candles and the future possible.
This cup that has been forming all year long has finally taken off.
The second great indication is that it has finally broken through the ichimokmu cloud after hibernating below it for so long. Finally, the MACD and AO indicators are bullish as well, especially the MACD which seems to be continuing along the same path the other indicators have laid out.
But why is this happening after such a long slumber? We needed a catalyst. Is the Facebook Libra news enough to get past the institutional money making moves? Will we see new money and new interest in crypto come back after the long winter?
If we do, will that new interest move into secondary and tertiary coins?
This is most definitely NOT financial advice. Please don't sell your house or kid's college fund!
Don't forget to comment and like. Follow me on Twitter @ashlandweb