I'm trying to learn to recognize patterns.
>>61825897If bitcoin statistically operates on a cycle, and the statistical low will be this October roughly, then I don't see why it matters what happens in a 1hr timeframe, its likely to dump from here until later this year.
>>61825919Nawww nigga we bul af now
>>61825897I can help here, OP, since you seem to be missing the most obvious pattern. Y'know how every five minutrs you think about how great it would be to let every guy you see put his dick in your butt? That pattern indicates you're a faggot.You're welcome.
I made a good short, thank you all
>>61825897The key are:>do not be sure on your meme lines unless it got touched by the chart 3 times>lines you drawn on 1D chart is stronger than on 1H chart>If your line breaks on the second touch, then the line is wrong, do not buy/sell yet>my personal opinion: use stoch RSI and RSI to take the timing, when you wanna long/short when the chart breaks the linesGood luck m8!
>>61825897The pattern is that it tried and failed to stay above 70k three times with declining volume. It's going back down.
>>61825897Patterns are very useful in liquid markets anon...This is NOT a liquid market, so honestly I wouldn't bother.Focus on the biggest levels of support/resistance instead - those tend to be far more stable in illiquid markets and aren't betrayed by scamwicks as much as when everything is superliquid and idiots waste money nonstop.
>>61827601This. The bulls tried three times to pump the price over 70k and it failed every time. Volume is declining. What would cause the price to go up when bulls have run out of energy? It has to go down.
Thanks for the advice, it looks like a triple top is forming
>>61825897
>>61825897M pattern = BITCOIN going to the moon.Moon pattern