Jump to content
Eric123

Epic Pennant on BTC Chart

Recommended Posts

down to at least 6K as I said weeks before , after reaching 9800$ we go down

prepare to buy the coming weeks

Share this post


Link to post
Share on other sites
29 minutes ago, Baka said:

down to at least 6K as I said weeks before , after reaching 9800$ we go down

prepare to buy the coming weeks

Thank you sensei

Share this post


Link to post
Share on other sites

Bitcoin's Bollinger Bands are tightening  and the Price is above the Downtrend line. - On the Weekly and Monthly chart things look even better  - The end of the Week and the End of the Month will Break those charts as well.  Price just broke the recent down trend  - I see the price moving up from here a close over $10,500 and it will start to move higher.  

Look at LTC's chart Bollinger Bands been straight and tightening for 7 weeks - it's ready to blow.  

IMO given where the prices are too many factors favor a rise in price for the break to be down.

5 27 2020 btc.png

5 27 2020 ltc.png

Share this post


Link to post
Share on other sites

Price is starting to oscillate beautifully (think sine wave) and typically the amplitude gradually decreases until eventually triggering a significant move. Something is brewing and as I said a few days back I think it is a move back up to the $9,800-$9,900 area.

1596468388_btc5-27-20.thumb.png.efba8e9336eed015f427df2dbeeca89c.png

Share this post


Link to post
Share on other sites
1 hour ago, jMusic said:

Price is starting to oscillate beautifully (think sine wave) and typically the amplitude gradually decreases until eventually triggering a significant move. Something is brewing and as I said a few days back I think it is a move back up to the $9,800-$9,900 area.

1596468388_btc5-27-20.thumb.png.efba8e9336eed015f427df2dbeeca89c.png

it's possible , but if we can't break the 10k we ll go down

Share this post


Link to post
Share on other sites

Blockchain industry forecasted to grow by an annualized compounded growth of 67% from 2020-2025.  How this translates to digital asset price appreciation is not able to be definitely ascertained, calculated, or identified. Bitcoin is in its own world as far as being an independent store of value instrument to hedge against centralized banking fiat.  My gut tells me BTC, XRP, as well as other speculative alts are worth hodling for years to come.

Share this post


Link to post
Share on other sites

Let's hope this support continues and doesn't just lead us in to the next "choke slam". Need to make a move upwards over the next few days or I am sure that it will drawdown.

Share this post


Link to post
Share on other sites

Bollinger Bands continue to tighten on Bitcoin, Litecoin and XRP.  This is the tightest the bollinger bands have been on XRP since the run up from .006 in early 2017!!  Less than .01 difference on the bands.  Which direction do we break?  Well it looks like Ethereum is leading the way and that way is up.

5 29 2020.png

5 29 2020 ltc.png

5 29 2020 xrp.png

5 29 2020 eth.png

Share this post


Link to post
Share on other sites

×
×
  • Create New...