Possible shorterm move after hitting 8100 is a move to 9500
A possible shorterm move after hitting 8100 is 9500:
looking at the current channel BTC is moving we see its moving to the the right of the channel while descending indicating the next movement could occur from the right side .
This will be concurrent with a movement to the upside . Note the current downward channel is also a bull flag with an upwards move which reaches 9500 .
So lets be on the lookout to make extra profits as BTC may first move to 9500 after 8100 and them move lower.
looking at the current channel BTC is moving we see its moving to the the right of the channel while descending indicating the next movement could occur from the right side .
This will be concurrent with a movement to the upside . Note the current downward channel is also a bull flag with an upwards move which reaches 9500 .
So lets be on the lookout to make extra profits as BTC may first move to 9500 after 8100 and them move lower.
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Correction it looks more like a movement to 9120
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we can pick up some BTC at this price till 79xx and move to the 91xx-933 area
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Double checking shows the actual move up distance will be
9305 - (poloniex)
9280 - Bittrex
9327 - coinbase
This area is is a major resistance area and we can expect a significant turbulence
9305 - (poloniex)
9280 - Bittrex
9327 - coinbase
This area is is a major resistance area and we can expect a significant turbulence
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Breakout ! and BTC is off north to visit the 8437 counttryside.
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Note : this could also be a bulltrap
