Hi there,
Another try to see where it goes.
The last one i did was pretty good and very close, so let's see what will happen now :-)
To me there are 3 possibilities, marked with 1, 2 and 3
The 1st possibility is what i think will happen and this is why these arrows are solid and possibility 2 and 3 dotwise.
Looking at the RSI and the Volume going down, i see we...
Well so far so good!
BTC is traveling along the small Resistance line, diving into a small Descending Triangle or working to a Ascending Triangle big picture
When you scroll in, you see the small Descending Resistance line comming towards Possibility 1. When the possibility puts through and it breaks here, we will see a run into the Resistance zone of 86+...
HOT/BTC 19/10/2019
It broke the 11 resistance nicely. It was over 1bn and it crumbled away durin the day.
The 12 sats has been a Support point in earlier days, so lets hope it will repeat itself. 11 sats and 12 sats are almost in balance, so it will be a tight race.
At moment of making this chart, 11 sats are filling and 12 sats slowly declining, but time will...
Well, i have put my thought allready in the chart itself.
Next time i will use this area, didnt know it works this way.
In short:
Bitcoin will travel sideways for a few days more, bouncing between Support and Resistance area.
After this at point 1, there are 2 possibilities:
1. It breaks resistance around Oct.23-2019 and goes on towards 8.6k-8.9k. If it breaks...
