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ronimarbbn

Setting up for Christmas Fireworks?

Short
Bitcoin (COINBASE:BTCUSD)  
ronimarbbn Updated   
COINBASE:BTCUSD   Bitcoin
Chart Patterns Trend Analysis
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chartpattern trendanalysis
We are bouncing around in a descending triangle which could break down on Christmas to the downside.
Comment:
We moving inside the descending triangle. As we all know these type of movements break towards the downside. Volume has also dropped off.
Comment:
Well, I was right :) It went target for a bit but retraced back into the descending triangle and into the crypto abyss. Next Stop 3400-3600
Comment:
*OFF TARGET
Comment:
We are close to explode to the downside. We are coiled up in the descending triangle. Decreased volume as well. Might test the 3400-3600 or just flush down to 3100 area.
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