BillCharison

#BITCOIN - Very Local Update

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
This update is very very local. Straight out the gate - I don't advice you to trade during weekend, the market is very unstable.

Well, firstly the priority is slightly downward now as the price can't break the $7000 psychological resistance. Moreover, the dump absorbed a big part of the recent pump, which is bearish .

Expect $BTC to reach the EMA200 (orange line), then continue the decline to the EMA100 (black line at $6500).
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Comments

What about point 13 on your Wyckoff analysis ?
+1 Reply
ArShevelev adiver3
@adiver3, Hey, I've made a review about recent wyckoff ideas
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ArShevelev adiver3
@adiver3, sorry, I've missed to copy all url. Now it is right! See explanation below the idea!
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Bears won't make it in short term imo,

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Depens on the whale effect bitcoin about to increase to 7200 usd( MX-440 effect)
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