Massive Ascending Wedge: 30k by EOY 2020, or heading to 838, lol

30 нояб. 2019 г.

I believe we are in the ascending wedge, which is not an ideal pattern for a continues bull rally, however, it does present a necessary requirement to create massive hyperbolic rallies into our next 30k target.

As you can see, wedges are chronic with breakdowns, in facts they are most brutal in some regard, right after a descending triangle.

I am going to be more bullish, simply because the wedge is not broken, and as such i am bullish. When this does occur, and we are heading sub 5k, then yeah, we are back into the bear. We might even hit 4k, or even lower to 800, if Governments are going to go full retard mode, and start banning every crypto for some dumb reason.

Whatever, people will still use them because BTC and other crypto projects, are the product of INTERNET and a financial service of the INTERNET.

THE ONLY WAY! BTC dies, is when INTERNET dies, or BTC evolves into other value, or dethroned by a better technology.

So strap yourself in - The ride is far from over.

Good Luck Everyone!

**LEGENDS**

BLUE = Bear/Resistance
Yellow = Bull/ Support

Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.

~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/

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