Bears are right now... #Bitcoin | CryptoSkullSignal en Binance Square

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Bears are right now...  #Bitcoin 

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Triple Bottom Reversal The triple bottom reversal pattern has three roughly equal lows and indicates an opportunity to take a bullish position. Before the triple bottom occurs, the bears are usually in control of the market, forming a prolonged downtrend. The first bottom does not indicate anything out of the ordinary. Still, the second and third bottoms show a change in direction where buyers (bulls) may push the price action higher after the price breaks through the resistance. As with other reversal patterns, there should be an existing trend – a current downward trend in this case. The three bottoms should be nearly equal in size and have sufficient space between them. There should be a clear indication of a drop in volume leading into the pattern and an increase in volume on the advance and at the resistance break. Finally, the price should break through the resistance level, which is at the highest point of the highs present between the bottoms. #EDUCATIONL_POST #MarketDownturn $BTC $USDC

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$DOGE /USDT LONG 10x Entry : 0.1052 - 0.1035 Targets 0.1064 0.1075 0.1086 0.1096 0.1110 0.1126 StopLoss: 0.1020 Risk trade use low funds only

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$BLZ free signal 4th target Hit ✅

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THE REAL BULL-MARKET HAS YET TO COME: HERE'S PROOF! In this analysis I want to talk about the M2 Global Money Supply indicator. This indicator basically shows how much money there is in circulation and how much is being printed. The indicator itself is not that usefull since it's just going up (more money is printed over time). However, the rate at which money is printed is more interesting, hence I slapped an RSI indicator on top of it. As seen on the chart, the RSI of the Global M2 shows that Bitcoin tops around the time that the RSI tops. It's not accurate enough for day-trading, but at least useful for to detect long-term moves. The RSI of the Global M2 has always topped around the 70-75 points. It's currently sitting at 60.3, so there's quite some room left to grow (last time it took almost a year to go from 60 >75). Furthermore, we can see that the "real" bull-market or Hype Phase starts once the RSI is above 65 and continues to climb. In short, the "real" bull-market has not started yet and BTC has much more room to grow over the next 1-2 years. Happy to hear your thoughts on this analysis. #MarketDownturn #BecameCreator $BTC #PowellAtJacksonHole

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$BLZ free signal first target Hit ✅

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