I was always concerned about the structure of my H&S, so now believe it not to be, but if we continue down to 0.008 then it has been confirmed and will possibly be the bottom. This area now of confluence is crucial to target 0.05 where a possible Inverse H&S is being formed but again needs to confirm by breaking though 0.022. Still trying to buy in this area and...
This area of confluence as described by a fellow chartist definitely has merit and puts into doubt the continuation of the H&S pattern being played out to its conclusion of 0.008 ~ 0.01 target! If this new inverted H&S plays out I can see 0.05 being reached in the coming months and the long term uptrend being maintained? I will be going long at these levels,...
Bottom anywhere between 0.0040 ~ 0.0102 btc With a pause at 0.0020 to form a flag or pennant before continuing the downward short term trend.
Looking to break the triangle upwards.....where I heard that on ....familiar phrase in altcoins but maybe this has some merit?
Like Bitfinex looks good for a lift up now the focus more on bitcoin and less on alts. $502 and then a surge to $852~854 as halving nears. After this two possible scenarios another pullback to $653 and continue on to retest Long Term Trend Line or rocket to the moon ~ then I woke up! LOL.
Looks good for a lift up now the focus more on bitcoin and less on alts. $504 with a possible pullback to $451 and then a surge to $850+ as halving nears. After this two possible scenarios another pullback to $653 and continue on to retest Long Term Trend Line or rocket to the moon ~ then I woke up! LOL.
This Cup and Handle looking more possible so bias towards going much higher but still factoring in a 50/50 chance of pull back once $852 reached?
Looks similar to Bitfinex but with slightly different level,so if it was to happen expect a rise shortly to complete handle to $468 & then $502 with decision at $852 to go higher or retreat back to $230?
This may not play out but looks very convincing....in next few hours. At a crucial phase so will definitely have a big move!!
We have tested the neckline so guess can go up now to $452 target
Looks as if Right Shoulder taken a shallower path than I expected ...still forming nicely! Target $452
Following on from recent predictions....seems to be on course although has to play out. Next big test $400.
Is this a leap of faith too far or a realistic outcome? Targets $416 & $452, This relies on $390 being the base or this forecast fails!
We are coming to the end of the triangle i.e. (E) or around $388. So if this holds we can go possibly to $852 in a hurry, with a stop around the $650 level, or test the lower levels of support with $369 ~ $350 being the bottom ~ anything less would negate this scenario.