When The Direction Is Unclear, Change Your Perspective (BTC)

11 Jul 2021

The initial descending wedge I noticed in my previous BTC idea

turned out to be part of a much larger wedge on the daily chart, which is quite hard to notice, unless you flip the chart upside down.. If your bias does not change, then you're looking at it wrong.. BTC is 'bearish' to those who haven't changed their perspective while looking at the chart.. And by doing so, a hidden trend is revealed... If this pattern played out in a normal situation, you'd expect the exact same thing to happen as indicated by the chart, however, notice the scale, it's inverted :)

Now... When you flip the chart back to normal, it reveals a pattern that really should be 'obvious' but it's quite difficult to remove the 'bearish bias' that most have, which is preventing them from seeing the large wedge on the daily chart...

Now that everyone is fearful, Smart money is acting greedy with regard to BTC...

BTC is deceiving us all.. It is silently mooning... Big money needed time to join the market...And their time is running out...

Get ready for the 'dump' (Actually means pump given the inverted chart)...

I've included an initial expected target upon breaking this major wedge & will re-assess once we've reached it. Stop-loss also added in event pattern is invalidated.

Previous BTC ideas below:

Good luck everyone, & good trades be with you.

*Ticker symbols below, ignore these*
BTCUSD SATSUSD BTCUSD BTCUSD BTCUSD BTCUSD BTCUSD BTCUSD BLX $NASDAQ:BLX BTCUSDT BTCUSDT BTCUSDT BTCUSDT BTCUSDT BTCUSDT

12 Jul 2021

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Having a look at some of the weekly indicators, which are showing signs of potential bullish reversal!

12 Jul 2021

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Here is a similar look on 3-day chart:

12 Jul 2021

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Daily chart major bullish div on daily fisher transform


MacD daily bullish div


Stoch RSI showing both major & local bullish div.


Same situation with Ultimate Oscillator


Commodity channel index multiple bull div's


RSI double bull div

16 Jul 2021

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Weekly fisher transform bullish signal

16 Jul 2021

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2-week MFI hovering on support

16 Jul 2021

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3-day MFI macro bulldiv + local indication of bullish reversal

16 Jul 2021

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3-day CCI hinting to bullish continuation

16 Jul 2021

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3-day RSI bullish signs

16 Jul 2021

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Daily MacD

16 Jul 2021

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Daily RSI

16 Jul 2021

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Daily CCI

16 Jul 2021

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Daily Fisher Transform

16 Jul 2021

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Daily MFI

16 Jul 2021

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12hr MFI
12hr CCI

12hr RSI

12hr MacD

17 Jul 2021

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Renko confirming this ideas bias

30 Ogo 2021

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31 Jul 2022

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Related charts are scattered throughout this idea: