Briefly, 3 months ago or more, i assumed the till the Btc reaching the 5 to 6k USD was acceptable as many reasons but above the 6k gone almost as apump then dumping
almost as a resonance curves, it should (and happens) should come back at the same point the pump starts which was 6k
Exactly came back to 6k then continuing from that time till now as logically and accepted rising
now expecting from now to end of 2018 as described at chart the green selling targets and the red entrance points
note that before i assumed same but made upper trend change hope that match
Trade active
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I think we are targeting under 8000 next 8 hrs
Trade active
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Delayed expdctation But now btc rides the slide and targeting 7800 What do u think
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Time to heart beats Will it continues following the expectation or go more deep to 7050
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Still waiting our target 7375 7300 then start the bull way to 11500 Hope u find a good reference for long term expectation
Trade active
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Be ready for starting the new journey to 11500
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Strange and danger situation Impotant update I think we will bear till 6768 then start the bull
But.......hope dont break the 6768 cause next bear target will be moooore deep near 2+++
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Till now closing about 7339 near 7350 From 1minute to 15 minutes chart frames almost good macd and average rsi Alot of orders round 7342 Hope we are starting bulling
Congrats on this work, this chart is looking good till now
selfanswer
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@VenturaCapitalista,
Ma pleasure thanks
selfanswer
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In think it is following the path
LoboLoco
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So many factors missing in your analysis...sentiment, lots of new players, lots of alternative coins, some faster/prettier/slicker. So many knowns and unknows which ultimately have huge bearing on markets don't you think?
selfanswer
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@LoboLoco, im not doing any technical analysis
Im showing a theory of the resonance that the chart is following
As a result of pumping the price
And to show that the btc cameback at 6k and starting his way in rise
Max_GTR
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Seems logical.
selfanswer
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@Max_GTR, thnks
And hope the chart not to break the trend
Breaking it will take btc chart to some kind of resonance
Called dumping effect which is almost to vanish