Waterfalls2

Waterfalls2

Wow 2 Hamonic patterns in one day HMMMM...... Whats your thoughts???

Waterfalls2 Updated 

Well this is just one of my scenarios although I'm not much on being bearish there's still that CME gap down around the 24k level and I don't think we'll be able to break that 35,500 resistance until we close that gap so to go up we must go down leave a comment on your thoughts and a thumbs up if you agree

Waterfalls2

If you'll look at the extrem incline in volume yet the prive is going down or hovering around the same place around the $1.40 range

Waterfalls2

We can't seem to get past that resistance and we've pierced it 7 times now and this looks like the start of those dreadful 63 days back in 2017 where we consolidated then dumped we've been consolidating this go around for about 2 months in this area besides that there's still a CME gap to fill around the 23,000 level and the 14,000 level so we'll see how low can...

Waterfalls2 Updated 

According to the Fibbonaccis, we're due for a move to the green, and using the A, B, C, D extension looks like we might be in for a move to the upside 50k is the target according to the fibs and the A,B, C,D extension backs the fibs

Waterfalls2

With the Fibs and the trend line intact the A,B, C,D Extention shows we are due to go up to the .383 at least and maybe even the .618 but definitely in that range which is 48-50k