ADXVMA suggesting that BTC will break from the triangle to the down side. If I short this it will be after it breaks downward significantly then attempts to tag $10k.
Like on eth no trade yet but something to watch.
I think breaking to the down side would actually be better in the long term for larger moves to the up side beyond $20k since more consolidation means more power to move north.
There is a large low volume pocket below $10k and filling that region in would make for a much stronger base to then push higher than the all time high.
This is a chart that says be patient and don't rush in.
Like on eth no trade yet but something to watch.
I think breaking to the down side would actually be better in the long term for larger moves to the up side beyond $20k since more consolidation means more power to move north.
There is a large low volume pocket below $10k and filling that region in would make for a much stronger base to then push higher than the all time high.
This is a chart that says be patient and don't rush in.
I actually scalped long xrp yesterday since it's definitely not clear that the bear market is large an in charge. The main short I would be looking for is after the big AB dump and retrace on the chart anyway.
This is a two-way trade region. Don't hold for runners, use smaller targets and protect from losses aggressively.