WhaleBearMan

BTC looking better but not impressed

WhaleBearMan Updated   
BITFINEX:BTCUSD   Bitcoin
We need to see BTC break out of this until then I would like to see on more test to the red circle.

If we break out of the 9200-9400 range we will most certainly test the upper triangle levels.

If we retest the support line at the red circle and break it we will see 4-5k again.

I am prepared for both situations.
Happy trading - Dont get chopped
Comment:
Getting close, watching carefully!
Comment:
As we approach this lower support, if we break this without a bounce we will continue to see it fall as stated above. Waiting here and watching the 7,500 level as it is very important. The fact that we have touched this line now 4 times brings a higher possibility of it breaching. This is a very big week for crypto.
Comment:
broke the trend line, popcorn

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