5500 15 - 20 November wont go above 6800 again till then
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just another potential playout ...
If we keep getting lower highs and neutral lows , It is likely/plausible that we might develop a bullish bias as long as we hold the 6k support line , its looking good gents if the 6k support line is broken we should continue a bearish bias/trend for a few more months more unfortunately
PLEASE IGNORE THE DATES GIVEN I BELIEVE THE PATTERN IS CORRECT WE SHALL SEE OUR ATL THEN WE CAN PROCEED TO ATH AND CONSOLIDATION DURING 2019 BEFORE FURTHER PROGRESSION
THIS IS A PERSONAL POV IF BITCOIN IS NOT SWAYED BY A MAJOR NEGATIVE OR POSTIVE EVENT
THIS IS OPTION B SIMILARITIES CAN BE SEEN BETWEEN 2014 AND THE 2018 PRICE RANGE AND TREND, IF WE ARE TO SEE A BULL-RUN IN THE NEAR FUTURE THIS IS HOW I WOULD SEE IT PLAYING OUT ..
Just idea of in which direction we shall break toward the next week or so in regards to the pressure building within the traingle, volume is currently very low , likely to see a decent momentum towards the bearish (A) or bullish (B) market soon enough...if we continue to descend from here will be interesting to see if support at 6488 holds , if it does we should...
risky but likely #tron #bitmex #trade #letsgetthiscrypto #bearish #bitfinex
we going down in next hour or three, indicators looking bearish also see below #XBT #TA #Ichi #MACD #EMA #RSI #45Min