like clockwork
And back down we go
zoom out
Going to test the bottom of the channel.
The trend is your friend.
we'll see a short squeeze to 40k first
>haha mom, i can draw lines. this means i can predict the future!
u mad
I doubt it
I think we'll stay within the channel until the bigger markets either find their footing again (in which case we'll break to the upside) or continue to correct (in which case crypto will follow the nasdaq just magnified)
you can really see the market manipulation with the last one
first they trick you with a fake breakout and then mega dump
would not be surprised to see the same here small wick to 40x00 then big dump
we have hidden bullish divergence on 1h-4h charts and consolidating under resistance/forming ascending triangle. it wants to break out to the upside but traditional markets are hitting resistance as well
Your magic lines are already broken.
nice, so maybe up or down. kek
>Your magic lines are already broken.
Nah
I want it to break to the upside and like I said here I think it'll do so as long as the bigger markets stabilize.
low liquidity assets can deviate from trend for a bit
if we are at 40k on 10th of feb then we are out of this down channel
right now things are very interesting
correct. Case in point is the flash crash on Dec 4th and two attempted breakouts in Dec and Jan. In all cases we temporarily deviated before quickly adjusting back inside the channel.
>diagonal lines
cringe. stop trying to copy the thick lines guy
El triple top negro
test
the date wasn't chosen at random, thats also when the updated inflation numbers are released which should be a good indicator for the rest of the year
>the trend is your friend
alhamdullilah it is nice to know that this board isn't just retarded people
oof this didn't age well
Nothing has really changed. I'd love to see it break to the upside and actually hold it.