k6

k6

I'm expecting higher in the very near term

k6

Im sure anyone doing analysis right now will tell you nothing is clear. This is the best I can do. Temporary bullish MACD cross on the 3 hour makes me think we get a day of relief. Following tomorrow im leaning towards a slaughter down to 5.6k. This could get very ugly guys. Im very bullish on bitcoin longterm, but im taking a lot of caution here. The "geniuses"...

k6

It is important to recognize the possibility of a severe bearish possibility when the triangle completes. This is what I think it would look like. *not financial advice*

k6

Super hard to make calls from here. The trend lines are clear but can be broken. If the bottom trend line of the triangle gets broken here we are headed down and fast. Though I don't see this scenario as likely given RSI and %R right now scraping the bottom of the ranges. I see BTC continuing to work its way towards the apex of the triangle impossible to call but...

k6

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k6

Bitcoin is on a collision course with the downtrend line (that makes the top piece of the large triangle) and will either hit it at somepoint tonight and be rejected or at somepoint before the end of the night we will get blow out volume that will freight train right through the resistance line. If this happens I full expect massive price action with a price rise...

k6

BTC could go Poggers here