XDNBTC: Rough Draft Long

Description

⋅ Dec 24, 2017 12:57 PM

This is roughly the picture I am currently getting with Digital Note. I believe we will get a slight correction followed by another impulse move up into ATH. As you can see this is a cup and handle pattern. It is very common in the crypto market and usually suggest a huge upside. Bitcoin mega run started as a cup and handle as well, if you did not know. Which is what intrigue me to Bitcoin back in 2016. What are your thoughts?

Trade with care.

Comments

OscarSmoosh

⋅ Dec 26, 2017 2:57 PM

What are your targets for xdn in the short term? Do you think this is a period of deep correction right now?

AbdorhmanThi

⋅ Dec 26, 2017 2:59 PM

@OscarSmoosh, I'm only looking at Bitcoin now. As it will determine how low alts will go. I believe Bitcoin making its way to new ath.

OscarSmoosh

⋅ Dec 26, 2017 3:03 PM

@AbdorhmanThi, I see, am deciding whether to cut my loss and ride bitcoin or to just hold

DJANAS1ST

⋅ Dec 24, 2017 10:03 PM

It's going to the Target faster than i thought
Good Analysis
Thanks @AbdorhmanThi you are genius

AbdorhmanThi

⋅ Dec 24, 2017 10:15 PM

@DJANAS1ST, Lol. I didn't do much though. I'll take the compliment tho!

AbdorhmanThi

⋅ Dec 24, 2017 10:20 PM

@DJANAS1ST, I also think it will have a deep correction than this. I don't think it is done yet. But we will see.

DJANAS1ST

⋅ Dec 24, 2017 8:36 PM

Thanks for The Analysis

I think now it's going to point (5)

nevzus

⋅ Dec 24, 2017 2:44 PM

Thanks for the analysis. Do you think the fall started at this moment?

AbdorhmanThi

⋅ Dec 24, 2017 2:45 PM

@nevzus, yeah i do. but wont confirm til uptrend line is broken.

nevzus

⋅ Dec 24, 2017 3:06 PM

@AbdorhmanThi, Thank you, I will watch for it.