Tag: Formation
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Bitcoin – Prepare For Heavy Downside Movement
Lets’s Recap Recently, Bitcoin retested the $18K level, which is what I said I was expecting and hoping to see. As mentioned some time ago, I pointed to this as a key deciding factor. Either the double bottom formation would be validated or rejected, simultaneously providing an indication of where the market was likely to…
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Bitcoin – This Next Move Will Reveal A Lot!
Bullish Formation Looking to the charts, one can see that a traditionally bullish formation is in play in the form of an ascending triangle. These formations statistically break to the upside 70% of the time, essentially making them bullish reversal patterns. This pattern is busy playing out on the 4-hourly chart and should have an…
Sapphire Crypto 