The pattern is simple:
1. Top
2. Bear trend
3. Bullish pattern reversal breakout strongly
4. Retest (2015) or not (2019)
5. Consolidation
6. Echo Rally to 0.5 Fib
7. Decline and prepare for the base for the next halvening
Why would this time be different whilst we are at the consolidation phase in this cycle. Worst case scnenario restest of the base. I previously said 36k is a magnet. It is. That's the target of the iC&H that confirmed.
Now 42k is also a magnet.
1. Top
2. Bear trend
3. Bullish pattern reversal breakout strongly
4. Retest (2015) or not (2019)
5. Consolidation
6. Echo Rally to 0.5 Fib
7. Decline and prepare for the base for the next halvening
Why would this time be different whilst we are at the consolidation phase in this cycle. Worst case scnenario restest of the base. I previously said 36k is a magnet. It is. That's the target of the iC&H that confirmed.
Now 42k is also a magnet.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.