All posts made by Fother Mucker in Bitcointalk.org's Wall Observer thread



1. Post 7325179 (copy this link) (by Fother Mucker) (scraped on 2020-04-04_Sat_12.53h):

We should go up today. The first point of resistance is about 590 dollars

https://www.tradingview.com/x/ciSAi0mb/
https://www.tradingview.com/x/Os6q5Blv/

A falling wedge usually breaks out at the top.

I'm see a small double bottom at 550. Price Target double bottom: The distance from the resistance breakout to trough lows can be added on top of the resistance break to estimate a target. This would imply that the bigger the formation is, the larger the potential advance. This gives us a target of 590. 590 has been a resistance point in the last few months.