Today’s view suggests a bearish flag continuation pattern has formed, and could give rise to a move down. Shown her in the yellow to green to red patterns. The other patterns still show bullish forces relevant to our motion.
Good Luck!
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And bullish forces:
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And in more optimistic news… the long range view from another chart with more history.
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Bearish pressure continues, with likely volatility!.
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Zooming out:
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Todays update. We have extended sideways past the harmonic bull patterns previously forecasted. Red bearish pattern still tracking and providing influence. Also seeing higher lows and lower highs still on many time frames… implying consolidation before a break out.
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In today’s view of bearish warnings, i present this scary white monster. I recall, he tends to ends to throw down… hard. Ouch.
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And zoomed out a bit… here is that white arrow… so hold on tight, but dont get too scared, many long range projections still showing us tracking the bullish runs. There is a critical resistance turned support level for us to check in on at around $0.62 cents… a proper reversal at that level would stabilize our next run, so that we don’t have pressure to crash back down and check it later.
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Today’s look… expecting a bit more bearish action as we follow this purple trace. looking for a buy opportunity at $0.063
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