If you'll notice, some of my recent posts are bearish and some bullish. This is my way of staying objective with respect to price movements by keeping an open mind. These are possible price trajectories but nothing is guaranteed in this game. You need not construe this post or any other post as investment advice. Consider all of my posts to be nothing more than an experiment to see how the price behaves. Whether the price goes up or down, it matters not, since I'm a huge fan of the one and only Digibyte blockchain.
This idea is valid if and only if the following conditions are satisfied for Bitcoin and Digibyte:
I. A break out from the downtrend
II. Support found above the downtrend
III. A drastic increase in buy volume to support strong upward movement
This idea is valid if and only if the following conditions are satisfied for Bitcoin and Digibyte:
I. A break out from the downtrend
II. Support found above the downtrend
III. A drastic increase in buy volume to support strong upward movement
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Inverse head and shoulders formation on BTC & DGB charts:
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A bearish scenario for BTC & DGB if BTC hasn't finished its ABC correction:
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Head & Shoulders formation on DGB USD log chart:
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If this BTC idea plays out then the alts will get slaughtered:
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BTC buy zone based on Fibonacci levels: $4,384 - $1,819
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BTC bullish pennant scenario:
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Questions for your consideration regarding Bitcoin:
