Bear life para BITFINEX:BTCUSD por Bsartou

trendanalysis triangle supportandresistance

My thoughts is we're going to break this "little" triangle and looking for the 7k-7k2 : Testing bottom of triangle, very low volume, pullback on price resistance, pullback on RSI's resistance (+ still under 50).
Breaking the triangle and also the support of the $7850 would bring us back to the bear style life.

Comentário:

Apparently I spoke too quickly, it is not impossible that we go back at the top of the triangle, maybe the RSI will be stopped on the 50 to finally take down the price lower.
That also depend of the rising wedge's exiting in 1H

Comentário:

Does the falling time has come ?

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