Time will only tell, but as you can see, we have a repeating fractal pattern very similar to the previous pumps, and alignment with the Bitcoin price that could easily see us with a 250% move.
The descending wedge here also lead us down to around 280 satoshis, so we are not technically near the end of this triangle, but we are at a critical point with two top down resitance lines forming right at our current position, breaking above the first is a great sign!
Now for any of you that follows us and are in the private bear den, you already know the importance of charting BTC and our other assets at the same time.
If you are charting in USD- You fail
If you are not looking at BTC current positions vs your trade strategy, you also fail.
HAWK EYE!
The descending wedge here also lead us down to around 280 satoshis, so we are not technically near the end of this triangle, but we are at a critical point with two top down resitance lines forming right at our current position, breaking above the first is a great sign!
Now for any of you that follows us and are in the private bear den, you already know the importance of charting BTC and our other assets at the same time.
If you are charting in USD- You fail
If you are not looking at BTC current positions vs your trade strategy, you also fail.
HAWK EYE!
Arcane Bear Founder- Tijo
Join our private community of professional traders and investors :==>> www.arcanebear.com/private
www.youtube.com/arcanebear
Join our private community of professional traders and investors :==>> www.arcanebear.com/private
www.youtube.com/arcanebear