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peakindicator

BTC going back to 6000 soon! (Big Picture!)

Bitcoin (BITFINEX:BTCUSD)  
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BITFINEX:BTCUSD   Bitcoin
Trend Analysis
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trendanalysis
You notice when the peak and support lines intersect, there is a dip immediately before! Just my weird TA, LMK what you think!
Komen:
This is my first post! Please thumbs up if you agree!
Komen:
Next buy target 7500-ish range, expecting significant bounce up if this 7500 holds. Not expecting to go lower than 7500 unless we see 8800 first. Will update with new chart if I receive more than 40 likes!
Komen:
8800 reached, as i predicted, and is acting as a heavy resistance. Not sure if we will get all the back to 6k, as many likeminded traders are still waiting for a buy opportunity with proper risk vs reward. One thing is clear the downtrend cycle must complete. Buy target zone still set 7500 - 6000. Pls give thumbs up if you find this useful :)
Komen:
Who farted in here?
Penafian

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