WE MAY SEE HIGHS OF $17.1+ IF PURPLE SUPPORT LINE IS NOT BROKEN. OR DIP TO ~$12.4 BEFORE MIDDLE BLUE SUPPORT LINE IS TESTED. MAY FALL LOWER OR BOUNCE BACK UP AT THIS POINT.
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NOTE: EACH CANDLESTICK IS 1 HOUR
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NOTE: CURRENT PRICE HAS ALREADY BROKEN PURPLE SUPPORT LINE.
NOW MIDDLE BLUE WILL BE TESTED EVENTUALLY, WITH PURPLE SUPPORT NOW ACTING AS NEW RESIST LINE.
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LOOKS LIKE PRICE WAS TRANSMITTED AND CONTINUED A NEW TREND.
ur off with this one...btc spiked up all crypto... omg broke the purple line.. came down but went up again... its at 17.50 now..
BladeCatcher2049
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@crypto_hodl3, not entirely off but yes it did break off earlier than expected into a new trend. on its way to test upper blue resist line...or not we'll see. price is $15.12 now
thanks for the comment!
punkaza
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Nice. That's a good way of looking at it.
BladeCatcher2049
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@punkaza, whether you're talking to me or not, thank you for sharing your thoughts <:
alexcara
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Do you expect it to drop on short term till 12 or so ?
BladeCatcher2049
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@alexcara, i expect it to converge to $15.2-15.3 price then either dip or pump a bit. but those are just the odds, anything can happen.