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mycotoxin
Mar 19, 2018 9:48 PM

BTC Moving Between 8500 and 9200 then dropping to 6800 

Bitcoin / DollarBitfinex

Description

BTC Moving Between 8500 and 9200 then dropping to 6800.
BTC is currently moving inside a Bear flag with an ending move at 2500.
This Bear flag is also inside a Huge Bull Flag which has a final move to 27,000

Comment

The top of the Bull flag is measured at 19700 and the bottom is 2577.
BTC has tested the top at 19700 and will test the 2577 figure
in the coming weeks/ days ...

Comment

NOTE: If a miracle occurs and BTC moves straight up , it will hit the top of the Bull flag at 9800.
Adding in this 9800 move we can say that BTC will move approximately between 8500 and 9800 before dropping to 6800.

Comment

BTC is moving inside a baby bear flag which is inside a bigger bear flag .
This baby bear flag has drop to 7640 and and end move of around 87/88x .
I suspect this 87/88xx area may be the end move for the current BTC upward movement

Comment

That's kind of cool , a Bear flag inside another Bear flag which is inside a Bull flag

Comment

Theres also a nuke on standby

Comment

Moving average telling us something ?

Comment

The graph shows the MA 100 is heading down , the 200, 50 and 20 MA are going to converge and cross . This is a warning and indicates an unusual drop is approaching - ETA unknown
Comments
WavePrinciple-Net

This is crazy. Can bear and bull flags be THIS big, and considered at 1D chart? Let me know where you learned this, I'm studying Trading.
chefluc
interesting point of view!
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