1. Volume is way down on the daily while RSI is rising.
2. Convergence is under base on Ichimoku.
3. A flag on a down-pole has formed
a. The shorter of the options for the top of the pole drops BTC to near $6K USD.
b. The taller pole option to $5k USD. If you see instead a triangle formation; that is also a valid assessment. The outcome is no different. I think both of these would make a fine double bottom as the wick and the bottom of the candle are the choices. Either way following this swing the next stop is Uranus. Better yet: Orion's Belt ;)
I am just a furry faced asshole on the internet. Seek financial advice elsewhere. I welcome alternate opinions on the TA and direction.
BTCUSD
2. Convergence is under base on Ichimoku.
3. A flag on a down-pole has formed
a. The shorter of the options for the top of the pole drops BTC to near $6K USD.
b. The taller pole option to $5k USD. If you see instead a triangle formation; that is also a valid assessment. The outcome is no different. I think both of these would make a fine double bottom as the wick and the bottom of the candle are the choices. Either way following this swing the next stop is Uranus. Better yet: Orion's Belt ;)
I am just a furry faced asshole on the internet. Seek financial advice elsewhere. I welcome alternate opinions on the TA and direction.
BTCUSD