if btc makes it through the resistance at 2660 it will go on to 2830
Comment:
Ok so the gameplan continues.... btc failed to break through the resistance and the price fell to 2432 almost exactly on the trendline though it doesnt show on the 1 hour line chart. I believe we will slowly adjust to the forecast by august slowly but surely. Baby steps along the way. We still have the same resistance line though I believe we will drop down to the next line this time. I've revised the chart a bit I adjusted a couple lines a tad for accuracy other than that its still the same trendlines.
Comment:
In case your'e interested in the forecast... here is the bigger picture on 1 day candles with a line chart
eventually at some point we will touch down and take off on another launch to the moon where btc is once again severely overbought
eventually at some point we will touch down and take off on another launch to the moon where btc is once again severely overbought
Comment:
so btc went bullish... not sure but maybe some correlation with eth. im thinking we can expect to see something like this... i want to say it will have a break out at the end of the triangle but i also know what goes up must come down and eventually btc WILL touch down on the forecast its just a matter of when and where... that being said there is potential for it to drop down at the end of the triangle
so btc went bullish... not sure but maybe some correlation with eth. im thinking we can expect to see something like this... i want to say it will have a break out at the end of the triangle but i also know what goes up must come down and eventually btc WILL touch down on the forecast its just a matter of when and where... that being said there is potential for it to drop down at the end of the triangle
Comment:
ok so far looks like we are on track... i mean the lines arent perfection but somewhat going the way i figured it would... im thinking the alt market will stagnate the next 12-16 hours while btc drops back down to the support line. I had my money on LTC hitting the end of a triangle which popped and broke resistance at the end of a triangle... i will have my money on ETC tomorrow after btc hits support. I am expecting xrp to pop a day or two after and then im expecting eth to pop off after that.
ok so far looks like we are on track... i mean the lines arent perfection but somewhat going the way i figured it would... im thinking the alt market will stagnate the next 12-16 hours while btc drops back down to the support line. I had my money on LTC hitting the end of a triangle which popped and broke resistance at the end of a triangle... i will have my money on ETC tomorrow after btc hits support. I am expecting xrp to pop a day or two after and then im expecting eth to pop off after that.
Trade closed: target reached:
so btc broke out of the triangle... and a bit early. i have no idea where it is going from here. Im going to close this up as i want to stay out of price prediction in the future and focus more on trends and upcoming breakouts for various markets
so btc broke out of the triangle... and a bit early. i have no idea where it is going from here. Im going to close this up as i want to stay out of price prediction in the future and focus more on trends and upcoming breakouts for various markets
Comment:
ok so btc threw a curve ball it made a serious move i did NOT expect. I was thinking it would bounce around between lines a bit and make a slow move down to the forecast where it would touch down and take off on its way back to a new ATH. Im expecting we should see bounces along the way and im expecting for a double bottom or other reversal on the blue line
ok so btc threw a curve ball it made a serious move i did NOT expect. I was thinking it would bounce around between lines a bit and make a slow move down to the forecast where it would touch down and take off on its way back to a new ATH. Im expecting we should see bounces along the way and im expecting for a double bottom or other reversal on the blue line
Comment:
heres some support lines i will be expecting good bounces at. it SHOULD take a couple weeks to get to the bottom... and honestly im hoping we get there by the end of the month when we can get the news and all the worrying will be over and everyone can jump back onboard... ideally anyways. Then again its possible it never makes it to the forecast line
heres some support lines i will be expecting good bounces at. it SHOULD take a couple weeks to get to the bottom... and honestly im hoping we get there by the end of the month when we can get the news and all the worrying will be over and everyone can jump back onboard... ideally anyways. Then again its possible it never makes it to the forecast line