BTC (BLX:Brave New Coin) M,W,D Simple Case for Bullish
I see some promising signs from a very simple perspective without using much (I'm sure people will say your brain included... but haters gonna hate and potatoes gonna Po-Tate). To keep this simple:
1. On the monthly 9 MA Penetrating through the 20 MA is a positive sign, its like the first time your with a new partner in bed, Its exciting, momentum has been building and BAM! Ready to rock, Shoot for the moon!
2. Pull back on monthly volume looks clean, I could see an argument the other way but lets be honest I am not a Pro and I am willing to admit I have a bias.
3 Note: On Monthly the light gray are just some additional supports I watch personally to watch for hidden supports and resistance, they are also utilizing wicks and depending on who you talk to, my favorite knock at wicks is "Don't be dick stop playing with your wick"
4. Stochastic on the Monthly and Weekly looks good and ready, however the Daily not so much. In my world of Candy canes and unicorns I want to believe we go sideways for a handful of days into next week, and then We see some magic happen or well lets just say Get rich or die trying...
5. Interesting on the Daily the Flag which fits well into the larger Monthly flag, could pack a powerful punch or slap us in the face and take our money!
Let me know your thoughts!
Get ready people lets see where we end up. Hopefully I can buy my virtual yacht with my virtual currency!
1. On the monthly 9 MA Penetrating through the 20 MA is a positive sign, its like the first time your with a new partner in bed, Its exciting, momentum has been building and BAM! Ready to rock, Shoot for the moon!
2. Pull back on monthly volume looks clean, I could see an argument the other way but lets be honest I am not a Pro and I am willing to admit I have a bias.
3 Note: On Monthly the light gray are just some additional supports I watch personally to watch for hidden supports and resistance, they are also utilizing wicks and depending on who you talk to, my favorite knock at wicks is "Don't be dick stop playing with your wick"
4. Stochastic on the Monthly and Weekly looks good and ready, however the Daily not so much. In my world of Candy canes and unicorns I want to believe we go sideways for a handful of days into next week, and then We see some magic happen or well lets just say Get rich or die trying...
5. Interesting on the Daily the Flag which fits well into the larger Monthly flag, could pack a powerful punch or slap us in the face and take our money!
Let me know your thoughts!
Get ready people lets see where we end up. Hopefully I can buy my virtual yacht with my virtual currency!