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Topic: Inverse head and shoulder pattern - page 2. (Read 2426 times)

hero member
Activity: 840
Merit: 1000
February 07, 2014, 12:21:25 PM
#2
Inverse head and shoulder pattern forming, on daily chart, after today's sell off. Take the difference between the head (on the 18/12/2013) and the neckline (down sloping trendline from all time high),  1077-382 = 695. Add this to the neckline from the all time high, currently 873 = $1568 target price using bitstamp prices.

1HNcyN7Rd6e65KK3BLomEW3Ur5A6Mj9E7

BWAHAHAHAHAHAHAHAHA
member
Activity: 280
Merit: 10
February 07, 2014, 12:18:41 PM
#1
Inverse head and shoulder pattern forming, on daily chart, after today's sell off. Take the difference between the head (on the 18/12/2013) and the neckline (down sloping trendline from all time high),  1077-382 = 695. Add this to the neckline from the all time high, currently 873 = $1568 target price using bitstamp prices.

1HNcyN7Rd6e65KK3BLomEW3Ur5A6Mj9E7

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