(Apologize for deleting like 3 times.. Tradingview keeps scrunching my charts)
ASCENDING TRIANGLE? OR.. RISING WEDGE? -BEAR FLAG. What do you think?
Mining Hashrate Ribbon indicator -should let us know when DIFFICULTY has risen again, indicating (theoretically) price recovery.
WIll continue to be BEARISH until this HASH RIBBONS indicator lets me know when MINER CAPITULATION is over, and there's sufficient confluence to say otherwise.
Indicators look BEARISH.
Possible reversal points in RED.
I expect more DOWNWARD BEARISH MOVEMENT -but. there is a chance. So I'm prepared for BOTH.
IF THIS TRIANGLE doesn't break, we are in a BEAR FLAG, and will start assessing my trade for the breakout.
What are you guys looking at?
ASCENDING TRIANGLE? OR.. RISING WEDGE? -BEAR FLAG. What do you think?
Mining Hashrate Ribbon indicator -should let us know when DIFFICULTY has risen again, indicating (theoretically) price recovery.
WIll continue to be BEARISH until this HASH RIBBONS indicator lets me know when MINER CAPITULATION is over, and there's sufficient confluence to say otherwise.
Indicators look BEARISH.
Possible reversal points in RED.
I expect more DOWNWARD BEARISH MOVEMENT -but. there is a chance. So I'm prepared for BOTH.
IF THIS TRIANGLE doesn't break, we are in a BEAR FLAG, and will start assessing my trade for the breakout.
What are you guys looking at?
