Analizing Monthly, BTC to end current parabolic move at 11.6K?
Still favoring bull till 15-17.7, when LTC halvening 1 month prior effect will bring pause to the bull trend in BTC.
I expect 1 more green candel on the monthly like in 2015, when we had 3 green candels after the breakout.
Stohastics slow has gotta crossed first, and when they crosses its short term bearish, and long term bullish, same as when Golden cross.
We are below Parabolic sars, which should indicates that the bulls still have room for pump (its cheap price)
Like all indicators, Parabolic sar, and stohastics, are lagging on Monthly, so be carefull, when they cross it can be deadly for longs on margin.
I expect the bull trend to resume in September 13.6K, and till december to reach 16.6K
Plan: To dump the margin positions after the 9.4K (alts) 80% and trend the remaining till 11.5K or after 15.7 dump margin longs for 2.5 month untill late august.
I expect 1 more green candel on the monthly like in 2015, when we had 3 green candels after the breakout.
Stohastics slow has gotta crossed first, and when they crosses its short term bearish, and long term bullish, same as when Golden cross.
We are below Parabolic sars, which should indicates that the bulls still have room for pump (its cheap price)
Like all indicators, Parabolic sar, and stohastics, are lagging on Monthly, so be carefull, when they cross it can be deadly for longs on margin.
I expect the bull trend to resume in September 13.6K, and till december to reach 16.6K
Plan: To dump the margin positions after the 9.4K (alts) 80% and trend the remaining till 11.5K or after 15.7 dump margin longs for 2.5 month untill late august.
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