ππ«π²π©ππ¨ πππππ‘ππ« π π¨π«ππππ¬π Slowly rebuilding the upwards trend. I know my 35K prediction by Friday might have been a week off, but I did not say which Friday.....did Iπ Anyhow, it all depends on the inflation data that will be released later today, I am sure we will not see another bull run. But June might still give us some time in the sun before the crypto winter really starts. #Crypto
7 comments
I am waiting your good news
IMHO, by looking at that chart I think this time we are looking to a downward trend.. at least for the moment. We could up again once it breaks down.
It looks like you were right although I still think the tables might turn throughout the day.
That's why I said it will go down first before going up again. That is a called flag pattern. The flag was upwards so that is a bearish flag, meaning that it should normally break down. Here is some good info about the patterns: https://www.investopedia.com/articles/technical/112601.asp
Thanks I know the basic ones, but I expected the inflation data that came out today to push the trend upwards
Maybe this helps clarify why I still see an uptrend, maybe we just have a different perspective ;=)
Expecting some upward push today before another leg down