Huge bullish pennant continuation setting up on GNOBTC and with a lot of sideways consolidation in the last 18 hours. The Bollingers are getting super tight as well so we could be looking at something rather soon (next 48 hours).
Buy walls are behind this like Donald Trump was behind....well...Donald Trump.
The flag pole on this showed an increase of 0.075 BTC, which theoretically could put us up near 0.190 to 0.200 BTC (approx. 30% gain)
Taking other factors of selling volumes and resistance into consideration I would give a conservative estimate of about 0.155 to 0.160 BTC increase depending on where/when the breakout occurs.
I would definitely be watching this closely over the next 48 hours if you are not in a LONG position already.
As always,
Stay focused and trade to trade well
Buy walls are behind this like Donald Trump was behind....well...Donald Trump.
The flag pole on this showed an increase of 0.075 BTC, which theoretically could put us up near 0.190 to 0.200 BTC (approx. 30% gain)
Taking other factors of selling volumes and resistance into consideration I would give a conservative estimate of about 0.155 to 0.160 BTC increase depending on where/when the breakout occurs.
I would definitely be watching this closely over the next 48 hours if you are not in a LONG position already.
As always,
Stay focused and trade to trade well