dgea

dgea Updated 

Simple illustration of a flag breakout for Bitcoin.

dgea

Check out the multi-channel pattern for NCLH, The trend is heading downward and if we open Monday lower - meaning lower channel - which I believe we will, and do not get above the channel then we could easily be heading to the $9's, supply zone.

dgea

DXY found support in the demand zone along with trend line support. With VIX turning the corner, DXY turning bullish, equities should reverse course next week.

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So here we are at a critical point of BTC wether we stay bearish or move to a recovery: price action at the 100ma, previous bear flag support trend line and long trend line resistance.