Pandaiga

Pandaiga

Short-term(1-2 day) swing bias: Long (~5.0 point target) Medium-term swing bias: Short (retest of 429 and likely new minor swing low) Friday was a ripe opportunity for strong selling as a continuation of the enormous down volume leading into end of the week. What began as a panic bar morphed into a reasonably strong reversal midday. Bulls became increasingly...

Pandaiga

Interesting to note that the market cap is down 140B in 2 days, but BCH is still moving along it's channel with no disruption. I've been wathcing BCH for some time and have not noticed this type of interaction - in weeks past it has been dippping with everything else. A sign of strength? Or indication that BCH will continue to move independently once the...

Pandaiga

How well do Bulkowski's stats translate to crypto? I'm really not sure. In the event that they do, we could be looking at a short term move up to the 330-360 range before seeing a strong pullback. This pattern breaks downward 73% of the time, so be sure to confirm upward momentum within the pattern before placing a buy.

Pandaiga

Anticipatory buy of ABCD pattern. 17846 target 1 if bullish confirmation line breaks. 11500 if bull pattern breaks and 1d timeframe downward channel continues.