i'm glad to see it's mostly bears in here! this bodes well for holders. 
i'm leaning bullish. but i'm sitting tight waiting for a breakout, not trading right now.
the 2018 correction looks like a triple zig zag, ending with a terminal triangle. normally, a bearish flag would have fallen to new lows long ago. it would have made sense to crash again in june when bears made new lows. instead, bears were rejected into another sideways range.
trading wisdom says that a downtrend followed by sideways should imply continuation. however, since bears have repeatedly failed to force resumption of the downtrend, i believe we're creating lots of potential bottom sellers/shorters that will fuel a medium term uptrend.
The quiet before the storm is here. Im not sure how much longer this sideways price action can go. A big move is coming. I still think we have a good dump coming taking us to $3000 before the next bull run. Whats your prediction?
Disclaimer: Im Hodling
Disclaimer: Im Hodling
i'm leaning bullish. but i'm sitting tight waiting for a breakout, not trading right now.
the 2018 correction looks like a triple zig zag, ending with a terminal triangle. normally, a bearish flag would have fallen to new lows long ago. it would have made sense to crash again in june when bears made new lows. instead, bears were rejected into another sideways range.
trading wisdom says that a downtrend followed by sideways should imply continuation. however, since bears have repeatedly failed to force resumption of the downtrend, i believe we're creating lots of potential bottom sellers/shorters that will fuel a medium term uptrend.