Just a long term view on Bitcoin and it's journey to over 100k.
This can happen here or can happen in the next few days, but it is looking good. Lots of money coming into this coin with the Korean exchanges around the corner. Target around $10.50 to $15
Gann pretty much says it all on the weekly.
Been watching this one a while. Many alts appear to want to break out. Keep an eye on her.
Gann Weekly - I would say a target of that 2nd from the end red ring (around 10k) and if things heat up economically, she goes to 16k - but we will know that once we hit 10k and look at the chart. My last Gann, set up more conservatively - well, BTC blew threw the outer most rings, so here is the new chart.
This is a bit of an experimental Gann chart. I got the count right but the set-up, well, I'm going for the absolute top on that first move, not the first real pull-back. I think there will be something here though. So, watch where Pivx is on that chart, support below and strong resistance above. But if we can get through that thick resistance line ahead, we might...
Been watching this one fall for a while now. She just hit those red rings and bounced hard off them (though on down moves they often do nothing). But, with Monero's turn around and Pivx's coming Zerocoin protocol, this one is a winner. Hitting 62% retracement, hopefully we can hold that and then eventually to old highs and then blue skies (where she flies.)
Been watching this one for a while. Now we have a beautiful Ascending Triangle forming and a nice Gann Green ring intersecting (potentially). I eyed (but fibonnaci measured) that first Gann ring - not a lot of data to use but it looks great.
I'm long Litecoin but she looks weak here. Gann says a revisit to .01 might be in the cards. If she breaks the current red rings, watch for support on the green, and then a resumption of the uptrend. Might be wrong here, but watch the next few days. Short short term, long mid term.
Been watching this closely since ,0025 or so, volume came in and then, well, here we are. This is a 15 minute chart because the daily does not have the data needed, so a bit of an experiment for me here. Watch out for passing that green ring and coming back from the red. Support at prior high of .0067 or so.
She is in a place to either build a triangle and burst up (on the daily) or just break through overhead resistance. In the next 3 months or so, 5,000 could be in the cards.
I am just offering this as a possibility. I've tried different placements and this one at least leaves room for movement. The smaller first ring placement really made it seem like we are coming out of the red ring (last one). Not sure I have a target, a bit soon in the move and this Gann is too small.
We are right at a weak point. Let's see if she gives. Target 120ish (for now). Further down targets - 110, 100
This very well might play out. Triangles/Pennants have been fairly reliable with BTC. Targets - 110 and as far as 100.
Looks like a pennant (short symmetrical triangle) forming. The volume is going down with the point, very textbook. Hopefully it can take us through resistance (double red rings).
What is written on the chart is a bit of an optimistic view. My first target (double red ring) is around the $140 Mark. If the move is strong to that range (+-$10) and we pass it, next target is the outer double red ring - $150-$200. As we get closer to the rings, we'll have a better idea of which range.
If we don't break out above the $100-$105 area, this is my bottom to set in the 3rd lower low. We are at a very critical juncture, below key resistance, both TA and psychological.
Reaffirming my drop prediction from a day ago, I say we are going to head down hard in the next 2 or 3 days. I just see the writing in the recent candles.