As stated in last blog post. That double top would likely be rejected. It would also break a double bottom. Doing so makes 6905 a target. 2 competing targets because either 6905 or 8k will be reached before the other. One of these is wrong. I still continue with the bearish view and the 2018 lows to be challenged. The rest of the basket should follow Bitcoin. The attraction to 7302 may be too strong.
it has reached 7,302 now. It does have a smaller mixed bullish signal for 8k.. but I maintain it was probably rejected for a newer month low at 6905.. Ok, here is the double talk. Before reaching 6905, it may bounce/headfake to 1758 again. That's just what pa does. Just like I was saying about 7302 the past few weeks.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit