The_Oracle_ZA

The_Oracle_ZA

ACE is forming a symmetrical pennant entering from the bottom increasing the probability of a breakout to the topside.

The_Oracle_ZA

Currently BTC is forming a decending triagle on the weekly chart. While remaining under $28600 BTC is in bearish territory. If BTC breaks $28600 in the next week or two the price will most likely continue to $32k and this idea will be invalid. Until then resistance remains resistance until it is not and at this point in time $28600 is acting a major resistance....

The_Oracle_ZA Updated 

Ok so lets start off by saying this is my first idea I publish so I would advise you NOT to act on it as I am not an expert...Infact Ive probably lost more money trading than what Ive made. I think yesterday it was pretty clear as what was going to happen but what now? We've dropped to 6350 at the time of publishing this article. I see 6450 - 6250 as a no trade...