Rebond or die
Updated
Bitcoin is right now in a really critical position but can rebound here because :
- we are at the 0.764 fibonacci level
- we are testing the upper level of the descending channel (we broke it to test again)
- we are currently in the daily timefront sitting on the ssa
- chikou is currently sitting on the previous candels
In one or two days we should have some price action
- we will be out of the cloud
- chikou will be below or on top of the previous candels
- we are at the 0.764 fibonacci level
- we are testing the upper level of the descending channel (we broke it to test again)
- we are currently in the daily timefront sitting on the ssa
- chikou is currently sitting on the previous candels
In one or two days we should have some price action
- we will be out of the cloud
- chikou will be below or on top of the previous candels
Note
Looks like daily MM50 wants to go up and MM100 wants to go down so it's going sideways without price action it should be more positive than negative
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