The heartbeat analogy is weird and out there. So is the title, but who cares. Today’s TA includes two different pitchforks. The one downward trend pitchfork is based upon the bubble while the other is just based upon a pivot point that happens to be the lowest low.
For the moment we are ranging into an ever tightening price range. There has to be some point in time where we break out. I have been waiting for this for weeks and still have not seen significant movement up. At the moment a few of the indicators have lined up perfectly. There is a bullish convergence, which is big. In this market seeing any positive bull signs is great. Combine that with the others, we may in fact begin something fun!
Indicators
Ultimate Oscillator – This is the one giving the bullish convergence signal. From the chart you can see how price remained flat. Likewise, the price was flat during that time. This is indicative of some strong bull moves.
Stoch RSI – OVERSOLD right now and may just start busting up. We are in the lower resistance prong and I would expect at some point to return to the median line on the pitchfork.
Aroon Oscillator – It looks to be getting ready to switch to buy soonish. Maybe in the next few days we will be seeing 650s!
Targets
Bull Target: $660
Bear: 622
Extreme Bull: 707
Extreme Bear: 605
Timing: July 22 – July 24
Lala, you know what it is. Slightly more stuff at the blog about CampBX. I'm doing some research and stuff for inflation vs consumer spending with the dollar. www.allbitcointa.cu....-price-to-spike.html
For the moment we are ranging into an ever tightening price range. There has to be some point in time where we break out. I have been waiting for this for weeks and still have not seen significant movement up. At the moment a few of the indicators have lined up perfectly. There is a bullish convergence, which is big. In this market seeing any positive bull signs is great. Combine that with the others, we may in fact begin something fun!
Indicators
Ultimate Oscillator – This is the one giving the bullish convergence signal. From the chart you can see how price remained flat. Likewise, the price was flat during that time. This is indicative of some strong bull moves.
Stoch RSI – OVERSOLD right now and may just start busting up. We are in the lower resistance prong and I would expect at some point to return to the median line on the pitchfork.
Aroon Oscillator – It looks to be getting ready to switch to buy soonish. Maybe in the next few days we will be seeing 650s!
Targets
Bull Target: $660
Bear: 622
Extreme Bull: 707
Extreme Bear: 605
Timing: July 22 – July 24
Lala, you know what it is. Slightly more stuff at the blog about CampBX. I'm doing some research and stuff for inflation vs consumer spending with the dollar. www.allbitcointa.cu....-price-to-spike.html
