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LucChase

60% chance of small pullback buy, followed by 2nd push to $150

LucChase Updated   
BITTREX:GBYTEUSD   None
Support and Resistance Candlestick Analysis Chart Patterns price_action_trading
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supportandresistance candlestick chartpattern price_action_trading
60% chance of small pullback buy at about $67, followed by 2nd push to $150.
Then another small pullback buy down to $110, to $200

snapshot
Comment:
The Bulls view: Pullback Buy target was $67 (but see bear view below), we got a buy signal when it reached about $69.20 with a micro-double-bottom. Close enough, twice. So, next target still at about $150. Then a pullback buy to a target at about $110, before another attempt beyond $150.
The Bears view: Current target is $55 (they know bulls will buy more there), about a week away around the 9th Sept. Then, up again for a Bear pullback sell at about $110.
The bull view has higher probability, but price needs to stay above $75 and certainly above $69. Otherwise, the bears take control for their target at $55.
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