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Bsartou
May 20, 2018 3:44 PM

Bear life Short

Bitcoin / DollarBitfinex

Description

My thoughts is we're going to break this "little" triangle and looking for the 7k-7k2 : Testing bottom of triangle, very low volume, pullback on price resistance, pullback on RSI's resistance (+ still under 50).
Breaking the triangle and also the support of the $7850 would bring us back to the bear style life.

Comment

Apparently I spoke too quickly, it is not impossible that we go back at the top of the triangle, maybe the RSI will be stopped on the 50 to finally take down the price lower.
That also depend of the rising wedge's exiting in 1H

Comment

Does the falling time has come ?
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