Another chart with indicators included coming up shortly...
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The purpose of this chart is for viewing "indicators only." NOT the price action and text bubbles with the chart on the price action.
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Keep in mind, this could go up higher. Hence, the "???" on Automatic Rally and PS (Preliminary Support).
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Still looking like this one "might" come down more. How much more is unknown.
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I'm expecting OMG to also come down to establish a SECOND support line as well. Doesn't mean we have to. I'm simply expecting it.
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Previous chart was a 2-Day TF; here is a Daily TF with original text bubbles left on the chart to allow you to see the progress since I first created this publication.
I believe the 2-Day TF gives a more accurate presentation of progress with price movement with WHERE it is located during its progression in regards to a Wyckoff Price Cycle: youtube.com/watch?v=SEU1gnV_iGU
It could do similar to DECRED and take off without establishing a 2nd support line. Not many do though. Most come down to establish a 2nd support line. Especially, if they're an ALT/USD pair. However, this is an ALT/BTC pair.
Yes, we'll see how it plays out over the month of February.