allthemoneys

Bitcoin? Depends which BEARish Triangle You Trading?

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COINBASE:BTCUSD   Bitcoin
BITCOIN Bulls win yes and. Sentiment is Bullish. News is Bullish. Check any order books and they are ready to catch the knife at 3500.

But charts are fun because everything is pretty make believe measured in Moving Averages and MacDs.

I've noticed consolidation zones price gravitates to, and the next are 3443, 3189, and 2266.

I expect price to explode towards 3443 or maybe 3189 if it is only breaking out if the little Triangle formed over the past week. But over the past several weeks another larger BEARish continuation formation.

I dunno. We'll see. And what usually happens is price might blow past these projections, I'll freak out and do nothing, and then yeah it will happen. That's my disclosure this time.
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