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RE: The chart I'm watching now

in #steem6 years ago

Sideways with volume depleting . I think we need one fundamental push to begin the rally and overall broad market to support a bit . these 2 elements are pivotal to move into the bull flag zone and then only we may hit $10. I think Ned speaking at consensus 2018 will be a major pivot.

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We'll have to keep an eye on the middle of May. We might expect the market to discount good news in advance though. We're still holding within the flag just above the 200 dma, and the overall market looks fairly healthy, well, the overall quality market that is. We're at a pretty important juncture, that's for sure!

The only worry i would imagine is " are the institutes ready ?" Cause if they arent , market would have to bear a lot of pain (FUDs will be manufactured ). And once they starts touching their toe in water , its gonna be a tidal swap. I hope they are ready by now (for god sake, otherwise a lot of babies are gonna die ).

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