Duplicated a single blue curve trend line a few times on the monthly, to create this messy chart!
'BTC Log Growth Curve' indicator top (red band), meets my blue curve tops/collisions. This can also be seen during previous market tops on this same chart (assuming the blue curves are legit).
BTC cycle top looking to be around $152K. Blimey.
Bull flag.
White channel (flag) measured move already played out.
Yellow pole's measured move taps the $97K area.
Red box showing best case sell zone.
Green box showing worst case retrace zone, which also taps the 21EMA.
December still looking like go-time.
'BTC Log Growth Curve' indicator top (red band), meets my blue curve tops/collisions. This can also be seen during previous market tops on this same chart (assuming the blue curves are legit).
BTC cycle top looking to be around $152K. Blimey.
Bull flag.
White channel (flag) measured move already played out.
Yellow pole's measured move taps the $97K area.
Red box showing best case sell zone.
Green box showing worst case retrace zone, which also taps the 21EMA.
December still looking like go-time.
Kommentera:
"Worst case retrace zone" tapped. Let's hope it holds.