Hmm... Trend lines seem to meet at $100.
코멘트:
Moved the opaque Fibonacci slightly. Now they're locked into position. Let's see if they can perform 4 months ahead...
코멘트:
Moved it back to the original position... So ignore the previous comment above.
코멘트:
Found some optimism also:
코멘트:
코멘트:
Hitting outer ring multiple times. Will it resist or break through? We'l see soon.
Also bouncing between converging trend lines. (moved nothing)
Also bouncing between converging trend lines. (moved nothing)
코멘트:
I think the bearish circular symmetry looks more aesthetically pleasing. So If it manages to break through (upwards) it would mean that it has to quit the strong circular symmetry. This would take it to a totally new level (TO THE MOON). Bytheway, I think it's not only a trend line that makes up a resistance or support, but also circular symmetries. Considering that this particular circular symmetry is so strong it would be more likely that it simply continue on that path and goes down long term. How high could the MOON be if it goes there? No idea.
코멘트:
Let's say it can go to $14'000 if this unlikely moonshot occurs.
코멘트:
That red fat line that marks a outer Fib. circle looks like a pretty strong resistance. But, if it breaks through it would make a good support pushing it up. I', not recommeninging anything here. It can both go up and down, we just got to wait and see what happens.
코멘트:
I'm 35% sure that it will go up and 65% sure that it will go sideways/down..
코멘트:
It's not healthy for BCH to break upwards. It has to move sideways/down for some months. Target around $1500 I would guess.
코멘트:
There's immense pressure on Bitcoin cash right now in my opinion. It could spike up to $5000 the next few days. It's interacting with the pitchfork I think. I hope it doesn't go up though. We'll see soon.
코멘트:
Zoomed in. It's getting pressured from both sides.
코멘트:
The spike will probably have a top around $3900 and then go down (forget about $5000).
코멘트:
Ok I'll be precise for fun. It will top at $3970.
코멘트:
(Not trading advice above I'm just guessing)
코멘트:
As you can see it started going up.
코멘트:
Went down again and continues to charge up the circular Fibonacci with energy.
코멘트:
It is collecting "economical energy". Just like a sonic spindash. www.youtube.com/watch?v=AqqCV9wG...