tengis0621

tengis0621

2 possible outcomes. 1. Cup and handle forms, to the moon. 2. Couldn't break the resistance and support don't held up and break below. I think scenario 1 is the most likely case, since we have been consolidating 5-6$ range, long enough to build a strong support, and all indicators showing positive sign.

tengis0621

Huge offering after head and shoulder pattern formation. I'm seeing downward movement from now on.

tengis0621

Depending on how you draw, eth char just completed Eliot Wave cycle. So the pull back should be around 1400's range.

tengis0621

RSI divergence, price highs and lows are channeling through the upper and lower trend lines, and each highs and lows are about 3 weeks apart from each other. We just hit the bottom of the channel and now we should hit the high in between Feb 5 - 8th.