Post
Topic
Board Speculation
Re: Analysis never ends
by
uki
on 03/11/2015, 16:09:01 UTC
Isn't the 100% supposed to be at the top and the 0% at the bottom?

Like this:

-snip-
thanks for that chart. Both yours and the one in the post below suggest that around $390 there should be a significant resistance.
That is very much in line with my feeling about the current price. The pace of the growth in the recent two days is simply unsustainable and a correction is due.
There are no news or fundamental reasons to justify it.
From TA's point of view now even Steve Wonder can see that we are out of the horizontal channel. The question is where the correction would put us, whether we come back below $300 (back to horizontal channel) or we establish new side range $320-350.