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andretco
May 6, 2018 4:36 PM

BTC 10k Short

Bitcoin / DollarBitfinex

Description

hey guys...

upper trend lines are getting weaker...
There is a week indication that we are going up in the triangle, however my guess is that we test 10k and go down.

Comment



Forgot to put the support lines

Comment

The weak bounce support did not happen...
I expect the bear channel to start forming now

We may form a hammer on the candlestick and move along the blue line, or we can break down.

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Hammer formed below... upon confirmation with bull candle, it will bounce back...
Some resistance at blue line above, big resistance at magenta line...

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