Good potential for Methanex, a methanol fuel company
- The pink trend line should be able to hold, which means the worst scenario for BTCUSD to find support is around 5700-6500 USD. - Based on 2017's performance, the average rise is +171%, if recover from 7900, may reach 21000; if from 5700, may reach 15000.
BTCUSD Big Rises in 2017 You can refer to Big Drops in previous chart.
BCH is being pushed dramatically. Some may take the chance to short but the trading volume within this rise is still incompatible to previous huge one. Not sure what the whales will do next, but the price could follow a measured rise up pattern.
- Seems like a rise after Cup with Handle pattern - If breaks USD10600, looking for resistance around USD11200 and USD11808
- LTC broke Ascending Broadening Wedges to the upside by 10%(USD87) and halving around 5%(USD83). - If it pullbacks under USD80, this could be a failure of breaking up and be prepared for correction around USD66.3. - If it holds and keep going up, next resistance is USD99.1 and USD110 after that.
- After USD70 mark reached (mentioned in related idea), it halved a little but a upward breakout is trying to form... - IF this upward formed, may reach USD80... - By then, as in the Ascending Broadening Wedges pattern, the price may pullback to USD66.3, which is happened to be the crossing point of 17% average pullback rate in ABW and Speed Line E.
- USD8361 is a turning point for the next move... - Not sure which direction yet. - My bet is on correction...