BTC Analysis Mashup: there is optimism out there!

in bitcoin •  6 years ago 

I'm reading optimistic posts, which means... people is optimistic... nothing more.

If the yellow trend line holds and the price enters the cloud, there is a good chance we can finally call an uptrend. Once inside the cloud, its bottom should act as a support and keep AO over zero. Also, the last low was at the level of the past H&S... so it could happen.

Screenshot from 2018-08-10 10-43-56.png.

WARNING! trading is a very risky thing! Don't take this as an investment advise: it is likely to be wrong and you will probably lose money if you take this seriously. If you do lose money, don't blame me or anybody else commenting, because in the end is your choice.

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"If the yellow trend line holds"... well, it didn't.

Screenshot from 2018-08-10 19-05-20.png