Bitcoin Long Term Uptrending Pitchfork

Oct 31, 2016

Since 2015, this trend has been held within the pitchfork very nicely.

Also note how RSI double tops just as price attempts to exit the upper quartile of the pitchfork and fails. I'm expecting a similar outlook for the completion of the next rally.

Nov 17, 2016

Note

most conservative target for the move is 818 based on median line

Dec 27, 2016

Note

Median Line Hit - Next Target = Next Quartile resistance, about 1000-1100

Jan 1, 2017

Note

expect resistance as price approaches upper diag, around about 1050

Jan 14, 2017

Note

Price went from upper quartile to lower quartile in a matter of 6 days. That has to be some sort of record.

Mar 18, 2017

Note

PF still holding steady

Apr 22, 2017

Note

bouncing up from ML = bullish

May 2, 2017

Note

on diag resistance atm
if it breaks, look for a reach of the next diag up.

May 20, 2017

Note

clearly above pf diags - approaching parabolic conditions

ML is mean so expect price to wick to ML w/pullback