Forgot to add this to the list, clear cross, expecting a double top then correct. Couple K pip run.
Still short on BTC, looking for around 4.9, then BOOOOOOOOOM
Why are people fighting this trend? Many people in my Chat room are trying to go long, or claiming that these small percent rises are the new boom... Patience, determination, good charting. Pay attention, the bulls run in the streets at night!
Im expecting a drop in price to go towards the previous stated 4.9, we are hitting high channels, looks like a short pass, 4.9k, then boooooom
Looks like a spike due to hype, nothing really impressive here. Double bottom PSych level, shoot to resistance, probably will see another run low. as stated in previous chat, 4.9k.
HIT BOTH SIDES OF THE TRIANGLE AGAIN, IM EXPECTING A FALL, IF IT BREAKS THROUGH THE BOTTOM, A BEAR RUN TO THE SUPPORT.
FOLLOWING MY TRIANGLE ANALYSIS, ITS TOUCHED THE TOP, ID EXPECT A SLIGHT SPRING, FAKE TEST, THEN A DROP. IF IT BREAKS THROUGH THE BOTTOM, HUGE BEAR RUN TO BOTTOM SUPPORT WILL COMMENCE
BTC WILL HEAD FOR 4.9K AS A BEAR SUPPORT ZONE. MOST LIKELY WILL CAUSE A SQUEEZE RIGHT BEFORE A WEEKEND, ACCUMULATION DURING WEEKEND TRADING TIMES, THEN MONDAY SKY ROCKET. LOOKING AT THE TIME PLOT, ID SAY ANOTHER 2-4 WEEKS BEFORE WE POP.
Broker bottom channel line, came back through tested line again, stayed above. Looks like it will test the high side of the channel again 100-150 pip breakout, over the next 8 hours.
red line is .5 on the fib, also a MASSIVE resistance zone. It is the previous high on the down channel. The purple strikes are a inverse H&S, be aware that if thats true, then it will most likely start to rise up to an extension zone in the 16k area. (I think this analysis is better than the current harmonics and triangle) Reasons why for 16k? the current fib...