people here don't have patience. they want profit, and they want it quick. i'm not really a fan of looking at charts and say it will go up or down. i only look at the facts. fact is that short term doesn't look bright, sub $200 is not far away.
Interesting. I do not like to predict short term price swings on a long term investment, it is rather pointless as trendlines can be drawn different ways. I would not argue that $180 would be completely out of the realm of possibility tweaking the line slightly. Some call downtrend, but it all just a matter of perspective on the time frame you are basing the analysis off of.
Just out of curiosity though, you say you do not look at charts to predict price movement, yet you seem to have come to the conclusion that "fact is that short term doesn't look bright, sub $200 is not far away". Care to elaborate on where you get these "facts" for a price prediction, if you do not get it from the charts?
$180 trendline:
by looking at the price on any random exchange anyone would say based on the manipulated wall that sub 200 may happen, but only because we are so near it, it won't mean that it will really happen, based on that chart i think the price will not see any raise for a while, then will explode at a certain point
