Buying back in at around $3311 (as long as the slide doesnt persist (and it shouldn't) **
Stop loss @ : $3144
***THEN*** Sell @ : $3526.... All the way to the bottom of the 3K price range, and in my humble-bias it is definitely going BACK to $2800. The lessons of Fibonacci call for retracement and that is what Ye' shall recieveth. You're welcome.
My script clearly illustrates, as well as states my forceast for BURST/BTC.
>>>> THIS idea however is an update of an old one. Please, take a look at the previous drafts of this same published idea. Thank you for your time and reflections!
Please see other the other exactd same charts that completely concurr with this same osbservation . ( upward channel posibility and sdieways movememt possibily-- THEN followed by upward pull due to the gravity of price concentration in that 'Free-FLoat' zone to bullish activity
Take a look at those painted directionals.... What you see to the right of the current candles/price action, Is a red arrow with an area-curve...
My analysis consists of two possible directives 1.) BURST may maneuver around this resistance ammunition depot, and contine upward movement while trending towards that sexy support zone 2.) The VWMA that is...
BURST/BTC is following my fib channel, of which was positioned based from my interpretation of my current choice indicators. (Yellow; Inference for this trend line came from fractal indications & channel direction forced to the right-slightly-upward by the WMVA *Dark thick black line in the midst of the T/K lines from my IChimoku cloud.)
Trend will be...
In observation to the Elliot wave pattern, GNT faces corrective patterns . Currently, GolemCoin is following an AB/CD correction per my forecast concerning price action.
GolemCoin will obey the Elliot wave in conjuction with the 'AB=CD'.
That black free-handed squiggle that appears to trace the price action was drawn two days ago. Why didnt I publish this idea then? Only God knows.
Okay, in all seriousness... We had all witnessed the holy spike that occurred approximately a week and a half ago, two weeks, etc.
Following this spike I had theorized a prize action that is reflected through...
Follow that thin yellow trend line. This is an update on a previous LONG idea of BTS/BTC
Box filled with green area is Target Range, and the thick dashed-line is the approximate price line at which I believe it will not go any higher.
The white dashed-lines clearly in vertical direction are traced from Fractal channels, and indicate upward growth. The significance of this however is how subordinate the price action has been to these very trend lines. Also used for recent price indication has been Linear Regression, Session Volume (Support/Resistance), Pivots (Support/Resistance), Ichimoku v5.2...