We have now been following my chart for a straight month. Bitcoin, although broke the steeper bulliish green trend line, has now found some support at my long term purple trend line which has been plotted a little over a month ago. We can see BTC still has a long way to go to create a Newer High, but we are on the way towards that point.
I think Bitcoin is going to go on a bear run here. We just hit the major pink resistance that in the past, when touched a huge drop followed. I'm expecting the price to go back down below 9k soon, unless we see a huge spike of volume and we move upward.
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Neo, first of all, Is an amazing project and one of those coins that is going to soar this year. On this chart I made, NEO is following the Purple Channel and has just broke the faded red resistance. The break in that resistance shows a change in markets, as you can see how much the coin pumped after breaking that line. In the future, this coin will stay in a...
BITFINEX:BTGUSD Finished its Elliot Triangle Wave, and now we are in the dark purple channel. 9700 is a major local resistance and if we break that, BTC should continue to follow that channel until we hit the first purple line. Once BTC Gets to that point, expect a slight correction and if the market is truly bullish we can expect BTC to break that resistance on...
