We see things so differently , though I am still waiting on confirmation.
TroyByrne
⋅
@TroyByrne, This exact set up on the daily just days ago and we ran up to 7800. Good luck
julia17
⋅
@TroyByrne, all possible, but broken triangle on daily is resistance now. Let's see next week.
asdfghghj
⋅
Sideways jump sideways jump
Miss gradual uptrends and downtrends
CoinedByCrypto
⋅
Thanks Julia...nice chart and TA. I agree ... only thing to add for me is; I see your 127.2 (T2) being the most interesting and may be the final pullback area for this 6 month and still ongoing correction. Have a look at this weekly chart:
61.8 is being back tested form underneath and your T2 fits well with a 78.6 retrace. Looking at the cycles in the retracements. The 78.6 fib level seems to repeat it self. Happy trading ;)
I really can't see us making new lows after this recent price action, I think the high 6's will be a juicy bid now, but i do agree 7'5 should be the weekly high at least, and that a pull back will be coming soon.
Thanks for your TA!
julia17
⋅
@Blorenz, let's see possible pullback, but I really don't like this broken triangle and so accurate test from below.. and macd sell on monthly.
Thank you for your charts too, I find them very useful!