Similarly as from the last post...
DPT: $38,023 - $37,250 Possibly towards the Golden Pocket
Line to watch is the resistance line of this falling wedge.
A breakout to the upside can trigger the final leg of the bull run which could last up to December just comparing this move from the 2013 chart, although previous results does not guarantee similar future outcomes.
Price pushing past the support line of the horizontal triangle could mean a continued retracement of about 80%-85% from the all time high (would be an awesome buying opportunity).
More Power To All Your Trades, My TV & Telegram Friends.
Ron
Intrepid_Trader
DPT: $38,023 - $37,250 Possibly towards the Golden Pocket
Line to watch is the resistance line of this falling wedge.
A breakout to the upside can trigger the final leg of the bull run which could last up to December just comparing this move from the 2013 chart, although previous results does not guarantee similar future outcomes.
Price pushing past the support line of the horizontal triangle could mean a continued retracement of about 80%-85% from the all time high (would be an awesome buying opportunity).
More Power To All Your Trades, My TV & Telegram Friends.
Ron
Intrepid_Trader