Hi my friends
Since my first post a couple of days ago I've been able to finally come up with a clear map of the FUTURE!
Bitcoin has been in a long downtrend channel for a "long" while already and Magicpoopcannon gave us a real vision on this market! Thanks professor!!
What I would like to add is that trends and "complexity" have just been reduced to one single and simple SHAPE: A TRIANGLE!
Yes, pennants, triangles it's all been the same in different sizes. As I've mentioned in my previous posts we've seen (6th january - 15th january) a sequence of lower bearish flags ending up to one single bigger pennat with no pole, a triangle! Since the 29th of january we've seen the opposite, with a sequence of larger bearish pennants and NOW we are expecting a smaller simmetric triangle to be formed (or pennant with no pole). Also as we've been able to observe, triangles pattern are are completed at about 75% of they're formation. That's why we can expect the breakdown of triangle to happen approximately tomorrow. We've also seen a close relation between cryptos and some coordinated signals of breakout days and reversals which now brings us to one CLEAR DATE! San VALENTINE! I guess that will be the planned #CRITOLOVEDATE leveraged by the BIG FISHES with the big NEWS of LITEPAY'S LAUNCH. I guess that will just confirm a solidification of our market lows but doesn't necessarily mean we'll immediately ARRIVE to the moon, that might take time! Many coins will end they head & shoulders patterns or tripple bottom (Litecoin), MACD will reach a third higher low, good signs also on MA's finally being test and getting above them for a little while, volumes picking up, etc. In conclusion be happy to have some chances to pick some coins at a good price! THIS WAS ANNOUNCED TO BE THE YEAR OF BLOCKCHAIN, believers or not this is powerfull democratized technology!! HAPPY SAN VALENTINE IN ADVANCE!
Since my first post a couple of days ago I've been able to finally come up with a clear map of the FUTURE!
Bitcoin has been in a long downtrend channel for a "long" while already and Magicpoopcannon gave us a real vision on this market! Thanks professor!!
What I would like to add is that trends and "complexity" have just been reduced to one single and simple SHAPE: A TRIANGLE!
Yes, pennants, triangles it's all been the same in different sizes. As I've mentioned in my previous posts we've seen (6th january - 15th january) a sequence of lower bearish flags ending up to one single bigger pennat with no pole, a triangle! Since the 29th of january we've seen the opposite, with a sequence of larger bearish pennants and NOW we are expecting a smaller simmetric triangle to be formed (or pennant with no pole). Also as we've been able to observe, triangles pattern are are completed at about 75% of they're formation. That's why we can expect the breakdown of triangle to happen approximately tomorrow. We've also seen a close relation between cryptos and some coordinated signals of breakout days and reversals which now brings us to one CLEAR DATE! San VALENTINE! I guess that will be the planned #CRITOLOVEDATE leveraged by the BIG FISHES with the big NEWS of LITEPAY'S LAUNCH. I guess that will just confirm a solidification of our market lows but doesn't necessarily mean we'll immediately ARRIVE to the moon, that might take time! Many coins will end they head & shoulders patterns or tripple bottom (Litecoin), MACD will reach a third higher low, good signs also on MA's finally being test and getting above them for a little while, volumes picking up, etc. In conclusion be happy to have some chances to pick some coins at a good price! THIS WAS ANNOUNCED TO BE THE YEAR OF BLOCKCHAIN, believers or not this is powerfull democratized technology!! HAPPY SAN VALENTINE IN ADVANCE!
