Bitcoin Long Term Uptrending Pitchfork

31 thg 10, 2016

Since 2015, this trend has been held within the pitchfork very nicely.

Also note how RSI double tops just as price attempts to exit the upper quartile of the pitchfork and fails. I'm expecting a similar outlook for the completion of the next rally.

17 thg 11, 2016

Ghi chú

most conservative target for the move is 818 based on median line

27 thg 12, 2016

Ghi chú

Median Line Hit - Next Target = Next Quartile resistance, about 1000-1100

1 thg 1, 2017

Ghi chú

expect resistance as price approaches upper diag, around about 1050

14 thg 1, 2017

Ghi chú

Price went from upper quartile to lower quartile in a matter of 6 days. That has to be some sort of record.

18 thg 3, 2017

Ghi chú

PF still holding steady

22 thg 4, 2017

Ghi chú

bouncing up from ML = bullish

2 thg 5, 2017

Ghi chú

on diag resistance atm
if it breaks, look for a reach of the next diag up.

20 thg 5, 2017

Ghi chú

clearly above pf diags - approaching parabolic conditions

ML is mean so expect price to wick to ML w/pullback