We recently saw some high volume absorbtion these are clear signs of accumulation by large interest i got a target of around 70 cents then entering a resting phase (reaccumulation) before running to 1.1-1.3$. Im expecting bitcoin to go sideways till october november.
Zrx looks good on the btc and usd chart the upside potential from here is massive i think we have max 2-3 weeks before we breakout of this tradingrange perhaps even earlier
Zrx looks good on the btc and usd chart the upside potential from here is massive i think we have max 2-3 weeks before we breakout of this tradingrange perhaps even earlier
Kommentera:
Here the usd chart
currently in phase c we saw a clear absorbtion down there
Kommentera:
through a point and figure chart you can measure how high it approximately can go it proved over and over how reliable it is
we have currently 13 boxes and im assuming we will leave the trading range with 14 if we get a impulse move up now
the cause that has been built in this tradingrange could push us to 1.3$..
we have currently 13 boxes and im assuming we will leave the trading range with 14 if we get a impulse move up now
the cause that has been built in this tradingrange could push us to 1.3$..