Remember is only a possibility once the neckline is broken. Sad to see half of the community miss using by picking random shoulders, random necklines and prematurely using it as a fact that will happen for sure hence ignoring other possibilities.
Regardless of any chart out there, there are two confirmed patterns
We are a few days away from finding out which pattern overtakes the other, so meanwhile, ignore all the trolls and the arrows to the moon.
*Tip: Use logscale... don't be using linear on a year worth of data.
I'm personally inclined towards 2) However, I'm not going to let that blind me from other patterns out there.
DON'T ever fight the flow, you will sink. Ride the wave left or right it goes.
Above 11740$ thats a bull trend confirmation.
Below 11000$ is a bear trend confirmation.
Below 11100 is the 1st downtrend confirmation, 10900 is the 2nd downtrend confirmation. (After 10900$ I would be certain of a fall).
I believe it will reach around 11193$ then go back up for the final rise. we shall see.
Still waiting to see what happens.
Even if the price hadn't dropped, you would have still been my number 1 guy to follow. Remember, no one can be 100% accurate.
I follow you not because I want someone to tell me when to buy or when to sell. I follow you because you have a different perspective. You called that big price drop in January while every other people ,and I mean EVERY, were singing bullish songs. Another reason why I follow you is you also try to teach people that follow you how to do TA. I really hope that you hit your target and start doing some videos.
And also I wonder if people aren't in the denial and anger phase of a bubble burst...