The Most Important Weekly Candle Close of the YEAR!!

In 3 DAYS from this post the most Important Weekly candle close of 2019 will happen. Bitcoin has a chance to set in a very bearish rejection candle with a major upper wick and with the opportunity to close RED by the end of the week showing a Massive "Shooting Star Candle" This would represent further downside potential showing that not only the higher high was broken but that any end of week bounces faded into the close. It also has the chance to close with a higher high GREEN candle with a close above 11k(the higher the better). Showing overall trend consistency and the potential to retest previous highs even with the upper wick rejection. This giant candle was created with the early in the week FOMO "Blow off Top" faze that went full effect after months of a steady uptrend... The size of this weeks candle can be very determinative as to how the next Quarterly candle play's out as it also closes this Sunday. Candle formation and shape is important. The size and the Volume profile attached to it can have a major impact on market sentiment. There is now a range in price action between $9,000(last major resistance zone turned support) and just under $14,000(current rejection on high sell volume). This zone is where Bitcoin has very little time spent in this bull rise and therefore represents a Zone of Extreme volatility potential... Bitcoin can range in this area allowing an equilibrium to be created forming the next candle pattern...Watch Closely and Trade Safe...The Bitcoin is wounded but by no means out of the battle...Chonis