JustinTimeC7

JustinTimeC7

I see a potential bull flag. expect major movement from bitcoin soon!

JustinTimeC7

I am seeing a head and shoulders pattern.

JustinTimeC7

Im not entirely confident that bitcoin will play out bearish with this head and shoulders pattern. I think it would be more likely that we are bouncing about between those 2 resistance lines.

JustinTimeC7

The strong resistance held 2 time meaning a double bottom. it has now broke out of the descending wedge that i made yesterday and i expect it to close above 8000 some time soon.

JustinTimeC7

if we dont break through that resistance line we might triple bottom and break through or we might just fall over and die an extra 10%

JustinTimeC7

Just bounced of the resistance again i expect other traders have noticed and are also buying back in pumping the price back up.

JustinTimeC7

yesterday i predicted this would happen. now we have to ask our selves if the support is going to hold.

JustinTimeC7

Im still waiting for that extra 10% in our correction however i might be wrong let me know what you think.

JustinTimeC7

It seems like we are testing resistance levels now and if we dont break through we might fall back down and retest support at 7500. if we break the support we have one more support until we have completed our short term 30% correction. Let me know your thoughts.

JustinTimeC7

if this resistance of 35 cents (euro) is broken the next resistance might be at 33 cents (euro). let me know what you think, thanks.

JustinTimeC7

This is not financial advice but please trade with caution.