1 month Log chart. I'd like to note the reasonably profound converging of trends at the point of interest does not mean we need
to contact it. We often see profound intersections just below or just above price action formations. I will say if we manage to break all 3 or those lines, I'm out of crypto until Fiat pairs are rolling into high volume exchanges and BTC doesn't tank the industry alone.
I have absolutely zero reason to believe we will however and am buying the dip.
OK everyone. My camp is calling my name! See you next week if BTC does something worth writing about. Enjoy!
to contact it. We often see profound intersections just below or just above price action formations. I will say if we manage to break all 3 or those lines, I'm out of crypto until Fiat pairs are rolling into high volume exchanges and BTC doesn't tank the industry alone.
I have absolutely zero reason to believe we will however and am buying the dip.
OK everyone. My camp is calling my name! See you next week if BTC does something worth writing about. Enjoy!
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One last note, 2 week RSI shows a MUCH more clear spread in the RSI bearish divergence where Mt. Got had a giant dump on the highest price action peak and our 2017 run did not. I've charted this recently as well
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Just a reminder guys, Monthly is about to close. If you're still bearish after this, well, you have fun with that. haha