In bitcoin we trust! Though we've been in correction for a while, it is essential for a healthy trend. What I did was basically plotting the regression channel of each minor trend. Then by casting the minor uptrend's regression channel (shown in the chart as a wave B), we get a nice short prediction pattern which also fits to the support and resistance levels.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.