Post
Topic
Board Speculation
Re: Analysis never ends
by
Fatman3001
on 11/10/2015, 18:47:50 UTC
Dancing around daily 200 sma, which is almost horizontal. I will not be surprised if move around will continue after break up instead of shooting up/down.



makes sense. more so since this zone $ 265 - $275 is significant resistance.

If i was a whale looking to pull in more bulls, that is a nice zone to haul in a herd of them, before shooting down, surprise, surprise



And watch them drop to $230. But at what cost? And risk? P&D is getting expensive in Bitcoinland.