As bitcoin has finished its correct from it's all time high it subsequently has formed into a contracting ascending triangle indicating a sharp increase once wave E has been reached which the analysis shows this having just happened. WIth momentum and RSI rising in tandem with the price increases supporting the analysis and long investment strategy.
評論:
The golden cross between the C and D wave further supports the sharp increase uptrend. Another supporting indicator are the double gann fans where during the D and E wave (in addition to the wave that is following) have been moving out of the short time frame gann fan while reachin back into the stronghold of the 1/1 line of the longer term gann fann, thus also supporting an incoming sharp increase in BTC's price movement.