Long

Possible bounce here, lets go

By dreakkie

Updated

Long it :p look at the 6th every month, we're good

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Look at the RSI aswell.. This is amazing

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Decided I actually wanted to work this one through. Have a look here, clear M we've got updating in a second to even further back my bullish idea.

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So We had the M, remember the RSI from the first chart in the top? Everything fits, the bottoms are PERFECT.
Now, here's what I think is going to happen (RSI telling me this is actually going to happen:) )

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Lol, I honestly forgot all about the first two black lines at the 20k area, dont know why they're there but they are.
Well.. Hoping this is going to happen since, if we get the big breakout at around 11800 we're gonna see bullish times again..
Good luck guys.

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Hey forgot about the 6th, here you go.. Backs my idea up even more :)

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Moved my support line a bit so that it actually fits, 7050 on the 6th then bounce, hopefully.

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I regret not putting the W on the actualy chart, would make it more visually appealing. That said, everything looks great - We're basicly right on the W.

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So, maybe we get down towards the 7050$ to get ready for a bounce on the 6th.
That would fit the last 5 months worth of history.

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Hey guys - Just discovered this doji candle on the fib retracement, seems pretty nice, already got the green candle showing for the possible confirmation - We can see a bounce here, a bit earlier than I expected but I'll take it. :)
This is a 4 hour chart.

dreakkie

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