moker-X

moker-X

The warning issued in my previous chart has come to full fruition as the bearish rising wedge pattern has been broken to the downside. The target might be lower than previously announced, i'm looking at a TakeProfit at or around 260 (to play it safe, though it might fall to 250 range). Once the fall finalizes and touches down on the longterm falling wedge...

moker-X

get ready for some panic selling soon, target +/- 275 to form a temporary double bottom. Buyers will then rush in thinking bottom is in, pushing price to higher highs until it reaches the long term resistance (from 1170 top). This could be a nice long position, taking a nice profit 100 USD per BTC. There is a small chance we might break out by then (towards end...