Pure speculation about BTC-USDT.
I have noticed that each of the first two "consolidation blocks" took 14 days. So this leads me to wonder: will the current consolidation block also last 14 days?
If so, we can expect price to move out of that consolidation block on the 19th, either to the upside or downside.
Not a prediction, just an idea. I know these patterns don't necessarily repeat, however I thought the similarity between the first and the second block was striking enough to highlight it as an idea.
If you like the idea, give me a like :)
Enjoy your evening!
I have noticed that each of the first two "consolidation blocks" took 14 days. So this leads me to wonder: will the current consolidation block also last 14 days?
If so, we can expect price to move out of that consolidation block on the 19th, either to the upside or downside.
Not a prediction, just an idea. I know these patterns don't necessarily repeat, however I thought the similarity between the first and the second block was striking enough to highlight it as an idea.
If you like the idea, give me a like :)
Enjoy your evening!