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IAmSatoshi
Dec 2, 2017 8:03 PM

A Tale of Two Pitchforks - The Case for $33,000 Before January 

Bitcoin / United States DollarCoinbase

Description

Possible to bullishly invalidate another up trending Pitchfork here. I've added a 1.25 zone which fits both as resistance and support on either PF.

These together suggest price is either the top or bottom of the zone depending on trend speed shift. More likely than not that this will represent more bullish invalidation of an up trending pitchfork which gives the possibility of $33,000 before January. It's more likely that we hit ~$18,000 as this represents the mean of the trend.

Comment

broke out of left PF, hit ML on right PF

...hold onto your butts

Comment

diag resistance + ML retest

looking good for continuation after short consolidation here

Comment

diag resistance holding for now

next stop 23k+

Comment

the year isnt over!
Comments
jgt2803
The parabolic trend is over and done. 33k in 9 days ? what lmao
Tradelive
delusional
snatly
That is one steep angle on the weekly. This market is blowing my mind.
Zsolution
Amazing times we live in!
MDajani
it's happening! oh lord! and people weren't convinced with your pitch fork abilities
IAmSatoshi
@MDajani, never doubt a man and his pitchfork
rivet.popper
What if it just keeps going (due to growing network effect)?
IAmSatoshi
@Rivet.popper, possible
IAmSatoshi
@CryptoNoName, indeed hodling on
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