We are still in purple box and testing upper trend line. We are here for a while. (6100-6800 range) But we are not too strong.
If we break 6000k (Before this we could see 6500-6600 range) Next target will be yellow circle. (Lower trend line) If Bitcoin is following the fractal, here we can see a good bounce to the upper line of falling wedge.
Let's see what happens.
Trade ativo
Daily close up: In 2014 Bitcoin broke pennant to test upper trend line before lower trend line.
Now we are in a pennant again. Under pennant there is 5930 green trend line (We have tested it 2 times)
2014:
2018:
Trade ativo
We broke pennant up to test upper trend line as 2014. For now we have a doji (This can change). And volume is weak. Must be careful.
Trade ativo
.Fractal is still active
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.Timeframe is different from 2014. But trade is still active. MA turned down as 2014-2015.
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We've touched the falling wedge's bottom line. But Timefreame is different then 2014-2015. RSI is also haven't touched 30.
Trade ativo
It's time to make divergence. We have one or two more down.
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