Following previous idea! EMAs doing their job clearely! redesigning the inverted symetrical-cut parabolic shape
Love, Good Luck and Happy Halving!
Oblique
Scenarios Based on Oblique Supports and ResistancesI divided price action into two main channels one descending and one ascending then divided them into two sub channels each, respectively A, B and C,D. My approach is based on Oblique supports and resistances which I use a lot in my trading strategies. It happens that the price reacts well around medians and trend lines it could also be a coincidence. I believe the price will evolve within Channel D (below the dashed pink median line) then move above it reaching more or less $10,000 during summer time. The blue and red arrow lines are the two scenarios I see unfolding in the coming weeks.
My previous prediction of the current bullrun dated March 29th 2019
