Phantez1075

Phantez1075

I am not a professional. Please invest carefully and at your own discretion.

Phantez1075

It's possible that a head and shoulders pattern could be developing. Would be confirmed when the right shoulder passes $12,200 and would make for a target of $15,550 I am not a professional. Please invest carefully and at your own discretion.

Phantez1075

It looks like it's possible that this bull trend might be really short, ending around August with a target around 25k. I'm honestly not sure how serious to take this idea, but I used the angle of the end of the last parabolic bull run to draw an approximate target if this theory is correct. I am not a professional. Please invest carefully and at your own discretion.

Phantez1075

If BTC doesn't break through this support curve I would anticipate BTC testing the next resistance level of of $10,000 established on April/May 2018, otherwise I'm still thinking $6,000 range. I am not a professional. Please invest carefully and at your own discretion.

Phantez1075

Yesterday I posted the possibility of BTC dropping, which happened shortly after. I'm seeing two possible descending channels for BTC. I'm anticipating a drop to somewhere between $6,000 and $7,200. I am not a professional. Please invest carefully and at your own discretion.

Phantez1075

I decided to zoom out to the daily chart to get an overall view of the recent bull run. Volume is decreasing and bearish crossover on the MACD. We may have already seen the top of this "mini bull run". I am not a professional. Please invest carefully and at your own discretion.

Phantez1075

The price appears to be narrowing and hopefully coming to a decision soon. I am not a professional. Please invest carefully and at your own discretion.