Now, what I really want this Christmas is for Santa to come down the chimney, hack onto people's laptops; phones and desktops and start buying up some Bitcoin . Lol, like that will ever happen... one can only dream right?
The more realistic scenario is giving through the tunnel of tranquility. I think Bitcoin wants us all to take some time off away from the charts. Then while we are not looking... BAM, it roars back to life.
* PSAR - for now it says SELL, but I think it will turn around here soon if we keep on cruising at the same speed down this highway.
* - As I said on the chart it seems it has never quite hit Overbought for very long. Seems to be that we have acquired some unsure badgers.
* - Does what it wants and says it wants to go down again. Likely will but it already is below 50 with moves that are hardly budging that I do not expect any more movement down that is significant.
I guess the targets are on the chart. IDK I sort of half @$$ them.
On the very short term I see 347 being a target or at least the body of a candle.
I also got a little bored and decided to draw Santa in a sleigh. Merry Christmas (or Happy whatever you celebrate) and Happy New Year.
I'll be going over some TA again as I think it dissolved from my brain while I was away.