Quick Analysis: Another Bull Trap?

in #christianity6 years ago (edited)

https://i.imgur.com/gqw3OVa.jpg

My Two Cents.

Want to know the future, look to the past.

The "Big Picture" is still telling me we are on a very solid downtrend.

https://i.imgur.com/DkOC51V.png

https://i.imgur.com/YN6fI9m.png

Now, keep in mind I'm using rough numbers here. It's not exactly up 50%, but roughly have way whatever the drop was.

My "guesstimate" is that it will hit around $8,000 and then fall back to the support line of around $5,800.

https://i.imgur.com/RSxjO6u.png

If this breaks the /$10,000 price line then I'll know we're in a true reversal back into a real bull market.

https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif

Sort:  

I'm probably just lucky...

Coin Marketplace

STEEM 0.20
TRX 0.20
JST 0.034
BTC 90526.91
ETH 3112.25
USDT 1.00
SBD 2.96