Just looking at patterns on the 4hr chart and I noticed since Bitcoin has dropped from the 6K prop-up, every time it's tried to muster enough energy to rise it fails and goes down further, seems very weak and not enough wind beneath its sails (it's a ship now, not a kite, apparently). The only volume evident is selling volume.
An interesting observation if nothing else, thought it was worth a share. I was originally only going to do long term charts, but this pattern finding seems quite addictive.
Any comments or questions, fire away down below, cheers.
An interesting observation if nothing else, thought it was worth a share. I was originally only going to do long term charts, but this pattern finding seems quite addictive.
Any comments or questions, fire away down below, cheers.
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