Daily Head & Shoulders.
$Bitcoin(BTC.CC$ A clear pattern with a neckline at 60k that if broken will confirm it and might go down to 45k - 47k TP but there's also support at 55k due to a strong angle line imo. I'll post the pics later lol
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10baggerbamm : I think you have your tablet upside down friend.
Willy 5150OP : Why? I'm open for discussions and ideas. Would love some feedback as you or others might see something I don't on the chart. I'll post pics of my chart later.
10baggerbamm Willy 5150OP: it's crossing the moving average right now it's not breaching the lower Bollinger band which is what it would need to do under your model and since 90% of price movement takes place within the Bollinger bands it would require a major sell-off like the government selling two or three thousand Bitcoin at one time to shock the market they did a test the other day you can read about it it's in the news they sold 85 if you run time and sales and you'll see the v bottom that it created you can see where the government also got these Bitcoin they got them very cheap and now they're worth a couple billion dollars but I divest them moving away from what I'm saying here's a picture that you should be looking at.
Willy 5150OP 10baggerbamm: Thank you brother. Good point, I'll take your feedback into consideration as it is well explained and analyzed. I really don't use many indicators, only Price Action and Volume Analysis. I use Bollinger Bands (Volatility) for confirmation of Double Bottoms once in a while but will do an analysis with it due to your feedback. Thanks again for the feedback and time taken to provide it, I appreciate it.