Taking the channel and slope of the previous step up resulted roughly a 75% retracement each time before sharp incline.
60 days. 3900%
The first signs of moment lasted about five days before a significant 55 day climb. followed by a 75% retracement over 60 days!
If we are to see a cycle develop I feel we will see the first break of the consolidation triangle in the next 48 hours followed by a test for support and then a grand finale!
Looking at the slope and 60 days time frame at 3500% we would land at .002 BTC around the 10th of September for the next high.
Very long in the tooth. I changed my MAs to reflect 7/60/180 days.
60 days. 3900%
The first signs of moment lasted about five days before a significant 55 day climb. followed by a 75% retracement over 60 days!
If we are to see a cycle develop I feel we will see the first break of the consolidation triangle in the next 48 hours followed by a test for support and then a grand finale!
Looking at the slope and 60 days time frame at 3500% we would land at .002 BTC around the 10th of September for the next high.
Very long in the tooth. I changed my MAs to reflect 7/60/180 days.