samandreasfault

Log Scale / Simple trajectory / What to watch out for

Long
COINBASE:BTCUSD   Bitcoin
Bitcoin is currently being rejected by the 200 EMA. Not good. We may test the lower part of this channel again, which would be the third time in ~3 months, which is implying much more weakness than in the past. If we fall out of this channel (that has been running since inception really), SHORT SHORT SHORT. If we break out of triangle to the upside, put your house on crypto. Seriously.
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