Hello,
This is how bitcoin is looking to me right now.
As we just finished a nearly vertical run, we must be getting close to a consolidation... some sideways movement.
Im also seeing that the yellow arc with an arrow may be the last support arc of this run. I'll be watching for it to come into play, along with support from any of the blue vectors that are asymptotes to various bullish support arcs.
Also notable is that we broke through the longest range steepest support vector (grey). I often wonder if that drastic spike in the beginning of bitcoin contributes significantly to the market today. What do you think? It is so erratic... but still real data. hmmm?
Very exciting times here!
Good Luck!
This is how bitcoin is looking to me right now.
As we just finished a nearly vertical run, we must be getting close to a consolidation... some sideways movement.
Im also seeing that the yellow arc with an arrow may be the last support arc of this run. I'll be watching for it to come into play, along with support from any of the blue vectors that are asymptotes to various bullish support arcs.
Also notable is that we broke through the longest range steepest support vector (grey). I often wonder if that drastic spike in the beginning of bitcoin contributes significantly to the market today. What do you think? It is so erratic... but still real data. hmmm?
Very exciting times here!
Good Luck!