Quote from: pooya87 on September 03, 2018, 03:35:29 AM

i am not really good at TA because i don't like it but what you said doesn't make any sense to me at all!
you are basically expecting this slow and strong rise with a decent buy support to go to $7600 and the whole process would take a long time. then you expect it to have a huge drop, it is not just the size, the size of the drop is not that big it is huge because you are expecting a drop way below a major resistance at $7000!
if there is a bull run then there will be enough buy support to keep the price above $7k and if there is not, a drop back to $6500 is NOT going to be followed by "the moon"!

I had to revisit my own post, when you look at the chart and the lines I've drawn they cross at $6500 at the end, so there will most likely be a big break out at that point.

Mark 13 October on your calendar and revisit this post to see how (in)accurate it is.