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Juanjo_LP

Are we Bullish or are we Bearish? [VISUAL AID TO DETERMINE IT]

Long
Bitcoin (BITSTAMP:BTCUSD)  
Juanjo_LP  
BITSTAMP:BTCUSD   Bitcoin
Chart Patterns Trend Analysis Harmonic Patterns Parallel Channel Bearish Patterns Bullish Patterns Ascending Channel Descending Channel
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chartpattern trendanalysis harmonicpatterns parallelchannel bearish bullish ascendingchannel descendingchannel
Two possible channels in play.

One has been previously confirmed: a bullish channel eversince a bit after the March market crash.

The other is an uncofirmed bearish channel started since we've begun bleeding at the 12K mark.

Which one of the two is the true underlying channel at play, should be decided October 15th.

This is not financial advice, proceed with caution.

Let me know what you think in the comments.
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