Bitcoin future path (moving average)

27 déc. 2017

Using past traces to predict future path. Based on similar price action patterns and the 50 DMA. This is the Bullish case scenario if the H&S top does not play out.. I like how this one is sticking in it's (blue lined) channel so I am more bullish than bearish for now.. but not fully convinced until I see it stick to the projected path (green line) shown.. BTCUSD

29 déc. 2017

Commentaire

though its early...so far the pricing action seems to be mimicking the projected moving average (green line).. i expect light sideways (14500 -15500) trading until end of month and to ramp up into 2018 as shown. As this progresses, the H&S top the masses saw will be no longer suspect.