mycotoxin

BTC- Bull-trap These two appear to be simllar parabolic dumps

mycotoxin Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC - These two graphs appear to be similar parabolic dumps - The RSI setups match also - The current dump distance should hit a target of around 5800.


Different view but again it hits at 5800

Here also 5800

That said Im very sure BTC is going to dump to 5800 . Ill say before the end of this week on May 23rd

however if BTC takes off above 8375 then this call is aborted.
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Here also 5380 is shown as the target,
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That should have read "Here also 5830 is shown as the target"
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ill repeat that this prediction is no longer valid once BTC passes 8350 as the .50 FIb is measured from the 8350 mark
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Also not that if BTC breaks past 8375 then the target now becomes 9700 instead of 5800
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if BTC breaks the pink line and fails to bounce it can touch the 67xx mark -
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Vomiting camel
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This graph makes me suspect that BTC could dump from 87xx as the "head and shoulder" move down is measured from around 87xx - so if BTC moves past 83xx its most likely headed to 87xx where a move down can occur.


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