BEARISH for most of this year.
Updated
Green triangle broken which was the easy way out of this which means the red downwards (bullish) triangle is left I think we will go to 5,800 and bounce outside of it to start a new bull run just before January, plenty of BitMEX opportunities upcoming.
We don't have many strong supports left and especially at this price point people fomo and get emotional extremely easily so watch out.
We don't have many strong supports left and especially at this price point people fomo and get emotional extremely easily so watch out.
Trade active
Bounced right onto my downwards wedge.Comment
Support is weakening we may see it head towards the 5000s keep a big eye out at 5800.Comment
My chart nicely called the temporary bottom,Hope everyone got some nice longs there.
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A break of the downwards wedge will mean bullish, my first target at $10,000 from that bullish break. But currently we need to try break out from $7800 strong historic s/r level.
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Unless this is a liquidity hunt from what I'm seeing is that we've broken the dowards wedge and we can start heading towards are bullish targets.Disclaimer
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