Possible rising wedge forming, a continuation pattern in a down trend or reversal in an up. Today felt "toppy" IMO, long weekend ahead, lets see what Monday brings... If wedge is validated this oughta make some put holders happy, but one more impulse up before more down... unless JPOW printer go brrrrr. Looking at ~$264 for local low and ~$293 for top. Added a...
Based on the time frames of previous price moves in this down channel and arc'd trend line.
06/10/19 Channel and fractal ideas. Still thinking we see a cup n handle play out, as for the rest, well if it looks to good to be true it probably is ;-)
Here's what I see, divergence between price and volume, RSI is in the overbought territory and what looks like top failure swing. All of which are sell signals to me. Short term I think we see a slight pull back to the ~$6300 range (a key support level), which would form the handle. I used a fractal from previous price action to illustrate the move. Feedback is...
Made this back in February haven't looked at it till now, price action is eerily similar to the 2014 correction. Not calling anything but $2000 doesn't seem to be out of the realm of possibility. Got a couple trend lines it will interact with soon, I will be keeping an eye on things over the next few months. (I used bitstamp on this one because the price action on...
130k in july lessss gooo! then necc. just fkn around with fractals fo fun. parabolic trav approved.
BOUNCES TO MIDLINE THEN BREAKS CHANNEL HITS 150K THEN BIG CORRECTION
VTC BOUNCED OFF BOTTOM OF CHANNEL LOTS OF ROOM FOR UPWARD MOVEMENT. .0026 BY MID/END MARCH?