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BitInfo12
14 lis 2017 16:51

BTC 4 Hr. Flag & Pennant // Breakout up or down? Long

Bitcoin / U.S. dollarBitstamp

Opis

A large flag & pennant has developed on BTC 4 hr.

I am predicting a break to the downside, as BTC makes its way towards 5k support on Novemeber 17th/18th - and then back up to ATH levels and beyond.

Thoughts?

Komentarz

UPDATE: Called this breakout incorrectly. I was anticipating a break-out to the downside based on Bull run and previous pull backs. But, once again, the Honey Badger breaks out to the upside.

My new prediction is that BTC will build consolidation in the $7000 - $7300 range, then heading for new All Time Highs.

Lessons Learned!

Onwards and upwards.
Komentarze
BitInfo12
UPDATE: Called this breakout incorrectly. I was anticipating a break-out to the downside based on Bull run and previous pull backs. But, once again, the Honey Badger breaks out to the upside.

My new prediction is that BTC will build consolidation in the $7000 - $7300 range, then heading for new All Time Highs.

Lessons Learned!

Onwards and upwards.
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