So this charade has gone long enough, BTC can not keep ranging for too long it is not its style so it has to make a decision very soon. These are the signs we are looking at to get hints about where we are headed.
1. While on a range BTC keeps violating up trendlines which is a sign of going down.
2. The 20MA (The thin green line) is now moving down toward the...
Within the battle this will be a good little fight to watch. So leading to 8:00 PM EST, there will be a fight to drive the price down by the bears because it really does matter where this candle closes, and the bulls will try to do the same because well... it really matters where this candle closes. Why? If it closes down below resistance (the green trendline)...