Re: If Bitcoin Repeats History? 5 Part TA Series On Descending Triangle Breakdowns
Updated bi-weekly screenshots for Part 1-5. Parts 6-8 haven't really changed yet so no updates to share.
Not much has changed, apart from changed Part 5 from Relevant to Similar.
Not much has changed, apart from changed Part 5 from Relevant to Similar.
Updated: October 14th 2019
For those who don't have a tradingview account to press play...
For those who don't have a tradingview account to press play...
Similar | Relevant | Unlikely
Part 1: Descending Triangle Looking Similar To 2018
Comment: Broke down too soon for confirmation of similarity. Could still follow same pattern but unlikely
Part 2: Measuring The Move of the Descending Triangle Breakdown
Comment: Broke down as expected and following similar enough pattern
Part 3: A repeat of 2014? Worst Case Scenario A $2,500 Low
Comment: Broke down too fast and too far for similarity of a "slow grind" reversal
Part 4: If Bitcoin Repeats History? Extrapolating 2012 Breakdown
Comment: Broke down as expected, following similar pattern though starting to drift off
Part 5: If 2017 Descending Triangle Repeats? Best Case Scenario
Comment: Broke too soon to confirm Daily descending triangle target but now following similar pattern