4xForecaster

Bulls Held At Bearish Trench ... Bullish Outlook | $BTC #Bitcoin

做多
BITSTAMP:BTCUSD   比特币
Friends,

As twitted multiple times so far, the 652.26/666.74 overhead resistance was forecast as a difficult bearish entrenchment against which bull might endure a protracted battle.

Also mentioned was the speculative Kiss-of-Death pattern which I explained might develop along the course of this overhead resistance, to ultimately find a technical support (not from predictive model, but purely structurally-driven) at 613.03.

At this point, I decided to produce a new chart so that we may concentrate on this small, but important pivotal event: Small in terms of expected price range, but pivotal, as a break of this overhead resistance range would provide the bullish market reversal confirmation signal.

Feel free to consult the recent analyses in the linked references associated with this chart. Your prior comments and contribution are highly appreciated, as well as your kind referral to friends and colleagues: Thank you for it.

Cheers,


David Alcindor
Predictive Analysis & Forecasting
Denver, CO USA


----------------
Twitter: @4xForecasting
----------------


免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。