Bulls Held At Bearish Trench ... Bullish Outlook | $BTC #Bitcoin
Friends,
As twitted multiple times so far, the 652.26/666.74 overhead resistance was forecast as a difficult bearish entrenchment against which bull might endure a protracted battle.
Also mentioned was the speculative Kiss-of-Death pattern which I explained might develop along the course of this overhead resistance, to ultimately find a technical support (not from predictive model, but purely structurally-driven) at 613.03.
At this point, I decided to produce a new chart so that we may concentrate on this small, but important pivotal event: Small in terms of expected price range, but pivotal, as a break of this overhead resistance range would provide the bullish market reversal confirmation signal.
Feel free to consult the recent analyses in the linked references associated with this chart. Your prior comments and contribution are highly appreciated, as well as your kind referral to friends and colleagues: Thank you for it.
Cheers,
David Alcindor
Predictive Analysis & Forecasting
Denver, CO USA
----------------
Twitter: @4xForecasting
----------------
As twitted multiple times so far, the 652.26/666.74 overhead resistance was forecast as a difficult bearish entrenchment against which bull might endure a protracted battle.
Also mentioned was the speculative Kiss-of-Death pattern which I explained might develop along the course of this overhead resistance, to ultimately find a technical support (not from predictive model, but purely structurally-driven) at 613.03.
At this point, I decided to produce a new chart so that we may concentrate on this small, but important pivotal event: Small in terms of expected price range, but pivotal, as a break of this overhead resistance range would provide the bullish market reversal confirmation signal.
Feel free to consult the recent analyses in the linked references associated with this chart. Your prior comments and contribution are highly appreciated, as well as your kind referral to friends and colleagues: Thank you for it.
Cheers,
David Alcindor
Predictive Analysis & Forecasting
Denver, CO USA
----------------
Twitter: @4xForecasting
----------------
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.