HarveyWallbanger

HarveyWallbanger

Hi folks. On the 3hr chart I see a big possibility of a large Head and Shoulders pattern forming. The current fundamentals behind Bitcoin at the moment certainly support such a move. With high fees and slow transaction the market just is simply not going to support a coin with such high fees. I'm looking for a continued bounce up to 16k give or take $500 and then...

HarveyWallbanger

The chart shows Monero forming equally spaced horizontal support and resistance lines. Each line is spaced $61 apart. For now I believe the bullish move will continue and we would need a sustained break back below into the previous zone for the bullish move to be temporarily halted.

HarveyWallbanger

The 3hr chart shows bitcoin on the verge of falling out of a rising wedge . The price is being supported by the extended trend line of the older wedge formation. If price falls below that extended trend line we may see a fall down to the support shown on the horizontal support and resistance zones.

HarveyWallbanger

The Monero 4hr chart shows equal spacing between horizontal support and resistance lines. Looking for a break above the upper horizontal channel for another move upward