"Beef-Next" Is What For Dinner | $BTC $USD #bitcoin #litecoin
Cryptoer's,
A real short comment on direction here. First, in not so graceful way, price hit the qual-target TG-Lo = 470.43, which by its definition, finally ended up acting like itself, reversing price to higher highs.
While 479.98 is the conditional Hamburger Hill that remains to be taken by mud-blooded bulls, I will go ahead and post this CONDITIONAL (i.e.: IF ... THEN ... ) Quant-Target as a next level of embattlement.
This quant-target is as follows:
- TG- 1 = 485.36 - 09 SEP 2014.
To be clear here, the condition is a Break-Across AND Close Across 479.98, where bears are entrenched.
Indeed, the most recent incursion into this ursine territory triggered bears to carve that first candle top down to its wick, and clawing the following two candles into skeletal reversal patterns known as doji - So, here it is, the mood is set.
I expect bears to gain momentum after an overnight encampment at the support level highlighted, before renewing another climb to take out that 479.98 altitude.
IF and ONCE that level is surpassed, next level opening up for another eternal battle is TG-1.
Note that prior TG-1 = 490.03 and TG-hi = 495.17 are likely contenders as well. But for now, it's beefing up time for the bulls.
Cheers,
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
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Twitter: @4xForecaster
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A real short comment on direction here. First, in not so graceful way, price hit the qual-target TG-Lo = 470.43, which by its definition, finally ended up acting like itself, reversing price to higher highs.
While 479.98 is the conditional Hamburger Hill that remains to be taken by mud-blooded bulls, I will go ahead and post this CONDITIONAL (i.e.: IF ... THEN ... ) Quant-Target as a next level of embattlement.
This quant-target is as follows:
- TG- 1 = 485.36 - 09 SEP 2014.
To be clear here, the condition is a Break-Across AND Close Across 479.98, where bears are entrenched.
Indeed, the most recent incursion into this ursine territory triggered bears to carve that first candle top down to its wick, and clawing the following two candles into skeletal reversal patterns known as doji - So, here it is, the mood is set.
I expect bears to gain momentum after an overnight encampment at the support level highlighted, before renewing another climb to take out that 479.98 altitude.
IF and ONCE that level is surpassed, next level opening up for another eternal battle is TG-1.
Note that prior TG-1 = 490.03 and TG-hi = 495.17 are likely contenders as well. But for now, it's beefing up time for the bulls.
Cheers,
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
-----------------------
Twitter: @4xForecaster
-----------------------
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