BTC personal forecast pt.2

4 ביולי 2018

This is a continuation of my previous BTC personal forecast in which btc decided to follow the path where it gets rejected by the downward channel. In this time's forecast, I have outlined many possible scenarios. I am certain at this point that we will test that big red resistance. I don't think we will break the resistance easily. It is more probable in my opinion that we may retest 5800 or consolidate around the 5800-6800 range. Again, this is not for trading advice. This is part analysis and part entertainment because it's enjoyable to see price moving in specific paths! Please come back about a month later and don't forget to press the "Load new bars" button.

4 ביולי 2018

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Personal forecast pt1

7 ביולי 2018

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We are below the short term trend line right now. If we fall right now, we'll find support at 6300 next most likely. If we go above the yellow trendline again, we'll most-likely see 7000 tested next. Right now, it's looking like we're going to go along the red arrow path to 6300

7 ביולי 2018

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Extra TA. On daily Elder's Force Index, we're trading above the 0 line. We haven't gone above it since may 7. Two months!? This suggests this rally we're seeing is different from the ones before. Now the 0 line can act as a support... but I'd like to see a spike above the zero line to be really convinced we're in the next mid term cycle

18 ביולי 2018

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After dome noise, we have reached the 7346 line! We are above ichimoku cloud (green) with conviction!

24 ביולי 2018

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Well there you have it, this is now complete!