Simple chart here, look at our rallies (2) since the turn around. Bouncing off the top of the Ichimoku resistance area, building steam for this launch. Soon as we break the top of that cloud, we're taking off. To the moon! Target $1100 within 20 days.
Bình luận
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Update.. looks like we're almost there. If we can break $700 monday, we're off to the races.
There is some talk that the US is driving the markets now and Monday is target date. I have a feeling tonight/tomorrow we'll see things break through because as much as people want to believe the US is driving the market, we know there are other market forces at work.
@DigitalCash, Busy building networks and working on our upcoming Horizon Communications ICO which may launch today or tomorrow. horizoncomm.co :-)
NewYork888
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Aren't you the same guy that said back in Jan 8th to be exact that BTC would hit $31,000 by April 2018? Do you understand that some new traders may actually follow your nonsense and blow real hard earned money?
FenixCapital
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I agree, looks like $890 will be the first stop for us.
MateuszP.Rydzik
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I like your analysis. Great job. One question.. how did u get $1102 ?
Tin.Foil
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@Mateuszp.Rydzik, I measured the rally from 4-8 until 4-24, which gives us a 94% increase. Rallies like this, which result in a slight pullback, creates a bullish flag with some sideways and usually slightly downward action. Bullish flag is a signal which measures the flag pole (the previous rally) to predict where the value may go during the next rally once the bull flag has been broken above the previous high. I just projected it out around the same time, but added a few more days to account for the time it takes for the bull flag to come to fruition. I knew the bull flag was likely once we hit that Ichimoku resistance area at the top of the Ichimoku resistance cloud. Once we break out above it, the cloud will be considered a support cloud and we will begin to see the real bull run and lots of rallies for the next few months.
But beware of the pullback we see from the selloff of Mt Gox coins. This will likely create a healthy market, with rallies, then pullback, then more rallies.
MateuszP.Rydzik
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@tin.Foil, Beautiful - makes sense. You are a smart man.
Btw. I like your analysis a lot because I am a fan of Ichimoku Cloud. I think it's one of the best indicators, and your knowledge with that makes it outstanding.
Thanks a lot.
Trader_Dale
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Hi, thanks for your analysis mate,
I think the best area to quit the longs and enter short trade is 865. Have a look at my volume profile analysis:
Ronnie_Dong
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I like your chart,I couldn't agree with you more.
Follow me.
We can do more discussion,
and you can refer to my publish.