Long

Going up as I expected in last post

Updated

The prediction I made in the last idea is looking alot more solid now. I added a new possibility as well. The Tuesday close above the Wednesday morning 12 hour close is something that has a good possibility and then falling to close around the Wednesday morning 12h line. After we pass $10,000 we should goto at least $12,300 before any possible large dip

Note

In 2h and 27m i am almost certain we will be at $8800+. 21:00 UTC

Note

Ok, so the most probable path looks to be a no go, although a version of it is still possible. Their are basically two bull paths at this point.

1.) we get to the Top line market day close by Saturday close

2.) we stay down here and go sideways, even possibly dip again for a few days or go up a bit for a few days and dip back down to around $8700-$8800 and start the next run up next Wednesday March 11th at day close. With a smaller chance of starting it on March 10th day close but being at a higher price of around $9200 when Tuesday closes.

Also the chance we have gone bear of course but for now that is a very small possibility as I see it.

I will update when appropriate

Note

$8750 to $9600+ between Wednesday day close and Thursday day close is actually the most efficient path I identified originally but I threw it away as being extremely unlikely to go the path of almost $1000 in a single day. I still reject it but I not also see something I didn't before; the loss in efficiency is very small for the price to go from $8750 to $10,000+ over the next several days. At this point the amount of possibilities are huge for the case of going up, but does it matter? All that matters is that we go up, especially if you opened a long way back at $8500

Skimanner

Also on:

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.