A Tale of Two Pitchforks - The Case for $33,000 Before January
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Possible to bullishly invalidate another up trending Pitchfork here. I've added a 1.25 zone which fits both as resistance and support on either PF.
These together suggest price is either the top or bottom of the zone depending on trend speed shift. More likely than not that this will represent more bullish invalidation of an up trending pitchfork which gives the possibility of $33,000 before January. It's more likely that we hit ~$18,000 as this represents the mean of the trend.
These together suggest price is either the top or bottom of the zone depending on trend speed shift. More likely than not that this will represent more bullish invalidation of an up trending pitchfork which gives the possibility of $33,000 before January. It's more likely that we hit ~$18,000 as this represents the mean of the trend.
Nota
broke out of left PF, hit ML on right PF...hold onto your butts
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diag resistance + ML retestlooking good for continuation after short consolidation here
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diag resistance holding for nownext stop 23k+
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the year isnt over!
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