This chart is all on the weekly and is about timing, it needs bitcoin to make it happen. If bitcoin pulls back in the near future, this can defiantly
become a possibility. This also a very bullish pattern and if happens will mostly out pace bitcoin.
The RSI is over 90 on the weekly so it is becoming over bought but, just like fear is powerful in a bear market, greed is equally as powerful in a bull market. It could stay here longer than we think it can.
This chart is just my opinion and is just to speculate. The only certainty in investing is uncertainty. Having said all that we know these markets are very bullish right now and look to get very volatile going forward so trade responsibly.
become a possibility. This also a very bullish pattern and if happens will mostly out pace bitcoin.
The RSI is over 90 on the weekly so it is becoming over bought but, just like fear is powerful in a bear market, greed is equally as powerful in a bull market. It could stay here longer than we think it can.
This chart is just my opinion and is just to speculate. The only certainty in investing is uncertainty. Having said all that we know these markets are very bullish right now and look to get very volatile going forward so trade responsibly.
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