dean_rcg

dean_rcg

As expected BTC hit $5000 and was met with a huge sell wall, causing it to dip back under the trend line. Hopefully it will stabilise and then go back above the trend line soon.

dean_rcg

BTC has been trading above the trend line for a while now and looks to be due another pullback soon, maybe next week.

dean_rcg

looks like BTC will drop back to trend, then climb some more

dean_rcg

As predicted by mitarcher it looks like BTC is returning to the old trend line.

dean_rcg

It looks like it might be??

dean_rcg

looks to me like BTC will correct back down to the trend line soon.

dean_rcg

if BTC goes back to the trend line it could be a good time to buy as it should then bounce back.

dean_rcg

So far this correction seems to be closely following the pattern of the March '17 correction, any else agree?

dean_rcg

Seems like a falling wedge is about to form which hopefully means the trend will reverse soon?