ALWAYS BET ON BLACK - Update 19NEW BOTTOM FORMING? NOTHING SURE YET!Previous positive signs of bottom and good fundamentals were not enough to generate the required buying follow-through at the critical point break -out at 0% Fibonacci or 33K.This turned the all of the positive momentum previously accumulated to a negative momentum to 25K.Click on Image for Full SizeFor this new downtrend I modified my Fibonacci Retracement Lines from top to bottom and drawn the new Fibonacci Down Trend Fan from top to bottom.We are testing if the previously established low of 23.5 and the new day high of 30.36K: Is it just a retracement of the trend or are going to break the 23.5 low?The momentum MACD are currently trending down with some slight upturn near the 25K support. Therefore we could be at a turning point if enough buying volume takes out the sellers pushing the market lower.Click on Image for Full SizeAgain I am long on this coin and continue to buy (like my name clearly states) on any retracement.Buy-BlackThe following two tabs change content below.BioLatest PostsBuy-BlackLatest posts by Buy-Black (see all) ALWAYS BET ON BLACK - Update 33 - May 25, 2014 ALWAYS BET ON BLACK - Update 32 - May 24, 2014 ALWAYS BET ON BLACK - Update 31 - May 16, 2014
ALWAYS BET ON BLACK - Update 10 April 22, 2014 Comments are off 2913 viewsSTRONG CONSOLIDATION IN PROGRESS . TIME TO REGAIN SOME GROUND This market can move ...
ALWAYS BET ON BLACK - Update 6 April 21, 2014 1 comment 3677 viewsBLACK WALL IS SUCKING ALL THE COINS ?? - BLACK HOLE ADVISORY This has been ...
ALWAYS BET ON BLACK - Update 7 April 21, 2014 Comments are off 3511 viewsSTRONG PENNANT CHART FORMING - CONSOLIDATION IN PROGRESS After the sharp price movements from ...
