Moving within a few flags, important time.. will it break up or down from here.. im waiting for now to make a move.. could go to.. (+/- as low as - - - - - 42363 1st target of - - - 57000 as high as - - - - - 64100
I haven't changed my position on the state of bitcoin just yet.. I still believe we have some indicators pointing to my original target below 10k.. i also believe that before new futures contracts are placed we will see some more downward movement
Breaking out of flag and ready to run.. lets see... :)
Formed a nice 'W' as flag was coming to a point confirming bullish outlook..
While some have been looking puzzled and surprised at bitcoins failure to break out I've had this set up sitting here expecting one last drop before bullish divergence.. looking for it to bounce around $9670.. Remember you heard it here..
Preparing myself for my upcoming purchase of some more bitcoin when it falls below $10,000 to around the $9700 mark.. Then looking to break up out of d/w trend.
Ripple to rocket again? I think its time! it broke out of its current bear channel and flag and is heading for some nice gains to 2.10ish
Just Following The Downward Parallel Bar....Popping its head out of Darker Downward Bar.. only to be pulled back below each time..
in down ward trend within triangle.. hmmm could break out at orange support .. otherwise drop bottom of triangle in downward trend line.. then pop or drop.. maybe just to green support line
While eating some delicious rice pudding my friend Donna made i decided to take a look at the one day chart with tether on binance seeing as thats where most of the smart money is going as apposed to coinbase against the dollar. I wondered where we would be around the 2nd February when my dark chocolate almond milk expires.. it appears on the brink of the low and...
All previous analysis correct and on target.. shows signs of another bull flag.. rise to next resistance after break out...... ---> -----> IF FAILS.... could fall to low of 0.00009347 area and then bounce
if we are at a support level this is what the future could hold... not looking too strong a support however, just the current low..
currently at my first (marked) support line.. may drop to next... may not..... lol (id say it has already fell below invisible first support line according to my charting)
down in trend line till it pops or drops at bottom of blue triangle