This is just my opinions guys buttttt.....
Bad/neautral news
A. If were not above $59 456 by 18th december that could lead to further downside, highly unlikely though.
B. A big timeframe close below $54 500 will most likely break this trend and most likely render this chart useless but we would need huge volume and probably negative fundemental news to make that happen.
Good news
A. Most indicators are pointing towards this pump materializing
B. These bullbacks are a part of the trend established in July this year, we have not broken yet, a wick or two below support can be expected on an extremely negative day as long as no hourly close below I will remain bullish.
C. first fractile- 70% pump second fractile- 60% pump third and current fractile- 50% pump ? . this will bring us to almost exactly $84 000 USD.
Bad/neautral news
A. If were not above $59 456 by 18th december that could lead to further downside, highly unlikely though.
B. A big timeframe close below $54 500 will most likely break this trend and most likely render this chart useless but we would need huge volume and probably negative fundemental news to make that happen.
Good news
A. Most indicators are pointing towards this pump materializing
B. These bullbacks are a part of the trend established in July this year, we have not broken yet, a wick or two below support can be expected on an extremely negative day as long as no hourly close below I will remain bullish.
C. first fractile- 70% pump second fractile- 60% pump third and current fractile- 50% pump ? . this will bring us to almost exactly $84 000 USD.
Comment:
we had a break below the sell indicator @ $54 500 with volume support making this fractile invalid