Pennant and next objective

2016년 7월 12일

A pennant formation has appeared and will probably break up within this month. The target price is around $1070, which is close to the last historical top. It coincides with the sum of the breakup price and the height of the the flagpole.

2016년 8월 6일

노트

Prediction failed. The wedge broke down helped by the news of a big theft in Bitfinex and the consequent lose of confidence. This changes everything. New analysis should be performed.