witness the planning! long term trend lines serving up the oscillation
i plotted this out a couple weeks ago and it seems to be holding perfect. looks like 52k next based on height of the cup/handle configuration
didn't catch the patterns the first time because i was too busy FOMOing looks like based off the retracements off the 2 previous highs that we're shooting for .63 with a bounce off .33 first
trends are circulating around the main trend established a couple days ago, pointing for a return to ATH and seeking new highs in a day or 2. super long
height of the cup is the near term target, also fits a strong local support line
It's been sitting on support for a while and strength for the trending is picking up.
still trading in an upward channel in adherence with S2F, still has more upside than downside in my eyes given the fundamentals of adoption
still seems to be following a 5 step re-correction and forming new support and resistance on the way up, nothing special to see here, just keep dollar cost averaging.
looks more likely than not given the level of fear on the market right now. #btc also follows the major stock indexes which responded positively to the recent jobs report showing a scant 406k new applications for unemployment benefits, 14 month low. Given that the S2F model should remain intact with #btc continuing it's journey to 125k. The first yearly candles...
I'm betting on a relatively quick reversion to the mean. would've been more impactful if i published this 2 days ago
storj has plenty of potential offering encrypted decentralized storage
doji on the 8 hour, RSI oversold and lots of volume on the 1.9-2 range forming a nice new floor to launch from