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kperMan
Apr 8, 2018 6:10 AM

BTC Pennant. Moon coming late-May.  Long

Bitcoin / DollarBitfinex

Description

4-hour chart to show the bottom support line. At this rate the upward-bound breakout should come in late-May.

Comment

so far so good, we may hit 9000 before dropping back down

Comment

Still in bounds :) looks like we won't get to 9000 before the drop, and probably not 8750 for that matter. If you want to short before the drop, look for your moment at the 8500-8600 range.

Comment

Breakout came early, followed by overinflated reaction by alts. That's been correcting. (Check my litecoin review from before the dip). I don't believe we're out of the woods yet and another SMALL bear market is coming to shake out the altbulls who have been going too far.
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