Big trend clash coming in September
Red line is logarithmic bull line for all time. BTC has never broken this trend.
Yellow dotted lines are local support levels.
Diagonal wedge in green dotted line (we've never closed below this during 2018, might do today).
I'm thinking we do a fakeout to 5.8k, come back up and pop to 7.9k, before mosying down and slow bleeding to 4.6k - 5.1k til September 20th when the 2018 bear line meets the global bull line. Funny enough this meets perfect with the critical support level of 5050.
Yellow dotted lines are local support levels.
Diagonal wedge in green dotted line (we've never closed below this during 2018, might do today).
I'm thinking we do a fakeout to 5.8k, come back up and pop to 7.9k, before mosying down and slow bleeding to 4.6k - 5.1k til September 20th when the 2018 bear line meets the global bull line. Funny enough this meets perfect with the critical support level of 5050.
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