BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
401 3
Bitcoin is doing it's best to shakeout strong positions built during this critical move. When we come out of this consolidation the move will be big.

Predisposition and current directional trend bias says the move will fail like many other pennants , but once again i present that option to you, the reader.

Key Price levels needing violation to support Bear Theory: 225/219/215/210/200
Key Price levels needing violation to support Bull Theory: 230/240/255/275

End point of consolidation determined through fancy moon stuff i don't want to regurgitate, but also denoted via excessive trend lines drawn with three-wicks touching.
could of used a couple more trendlines... it's not crowded enough.
+1 Reply
Nuseii Ni6HTH4wK
Nuseii Ni6HTH4wK
I made this at like 3:00am while i was insanely tired. Almost wishing i made this non-public lol. By the way, i really like your charts!
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