AI
Saturday, February 27, 2010 2:46:09 PM
Re: COIN - Weekly Chart: BULLISH
(re-posting)
COIN is turning bullish, although there remains some much needed confirmation:
For one, price is expected to meet significant resistance at the dashed blue line.
For two, a minor hurdle awaits the expected rally at the bearish channel's midlines, a resistance area that may be minor and should occur prior to the more imposing "dashed blue" resistance line, IMHO.
Overall, indicators are turning positive following a shallow retracement, suggestive of bullish support all along recent technical developments.
COIN - 3-Year, Weekly Chart:
- Dalcindo
(re-posting)
COIN is turning bullish, although there remains some much needed confirmation:
For one, price is expected to meet significant resistance at the dashed blue line.
For two, a minor hurdle awaits the expected rally at the bearish channel's midlines, a resistance area that may be minor and should occur prior to the more imposing "dashed blue" resistance line, IMHO.
Overall, indicators are turning positive following a shallow retracement, suggestive of bullish support all along recent technical developments.
COIN - 3-Year, Weekly Chart:
- Dalcindo
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