Mandlebrat

Mandlebrat Updated 

Above the cloud on 1 Day - bullish- cloud offering support level... After a long wait is this the break? still at the bottom of the fork... see previous chart Wait may soon be over Eyeballing further break from cloud.... cloud is support.. (PS zoom out for fuller picture - pitch fork and fib lines)

Mandlebrat Updated 

A closer look A retest and fail of $162 would signal further downtrend - however a 2nd bounce off of lower 1 median line on Andrews pitchfork would be encouraging This is also contingent on behaviour of BTC between now and Aug 14th Just my observation. Hoping $162 is the bottom and it survives a 2nd test.

Mandlebrat Updated 

Target 1= $250 Target 2= $300 Target 3= $360 Target 4 - 450 Target 5 - $550 A retest and fail of $162 would signal further downtrend - however a 2nd bounce off of lower 1 median line on Andrews pitchfork would be encouraging This is also contingent on behaviour of BTC between now and Aug 14th Just my observation. Hoping $162 is the bottom and it...

Mandlebrat Updated 

Just as a point of interest - the retracements bounced exactly off major fib lines as support - not making a call here - just an observation