BTC showing several bullish signals going into the turn - up into halving.
Cross of 10WeekMA will confirm bullish trend upwards to retest previous highs $11K+.
Buy zone is getting smaller which is a good sign.
Bullish RSI Divergence and next trend showing bullish confirm we are in a turn.
Capitulation dots show we are towards the end of the downtrend - almost at bottom.
I think based on the pattern, previous repetitive chart history, halving, and stock to flow - WE GO UP.
PlanB - 12/3/2019
"Getting some questions about why in previous halvings (November 2012 and July 2016) it took well over a year for the market to start surging..
Well, it didn't .. look for yourself: in the chart the halving is when blue turns to red: the market immediately rises after a halving"
See chart in link
twitter.com/100trillionUSD/status/1201983119387217925
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY , AAPL, ROKU
Cross of 10WeekMA will confirm bullish trend upwards to retest previous highs $11K+.
Buy zone is getting smaller which is a good sign.
Bullish RSI Divergence and next trend showing bullish confirm we are in a turn.
Capitulation dots show we are towards the end of the downtrend - almost at bottom.
I think based on the pattern, previous repetitive chart history, halving, and stock to flow - WE GO UP.
PlanB - 12/3/2019
"Getting some questions about why in previous halvings (November 2012 and July 2016) it took well over a year for the market to start surging..
Well, it didn't .. look for yourself: in the chart the halving is when blue turns to red: the market immediately rises after a halving"
See chart in link
twitter.com/100trillionUSD/status/1201983119387217925
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY , AAPL, ROKU
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.