- NOV-14 - NOV 16 bull move played out $1500 ($6500 - $8000) - Technical repetition is $9250 = target of yesterday's confirmed pennant from $7750 - Target = touch of the upper parabolic channel limit (black)!
If THIS plays out, be aware! > significant break through $9250 right the way and a 1h-4h close above it will directly bring us dangerously into UNSUSTAINABLE BUBBLE hype situation (>$13.400) > though a rejection at this point most probably will VIOLENTLY FAST send us back to the lower parabolic channel limit in the $6500-$6800 area
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Played exact touch of the upper paraboloic limit - with a overrealized repetition of the meantioned $7750 pennant
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Either violent range pull back into the lower/mid 7000s (no ndicators yet really pointing to!) Or parabolic up-breakout! Man!
@longtermcrypto, never mind, you're welcome. Btw, the parabolic channel on the logariothmic I'm using, starts from AUG-2015 low - NOV-2015 high, catches all the last 2 year way and ultimately converges at the end of this year