Bitcoin constraints and directions

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Follow the arrows... Volume is low, RSI is steady, constraints are in place and holding, for now... If the constraints are broken, things might get a bit more interesting, but overall it seems to be looking down for a bit more before moving up starts.

First post, not a professional trader, but this is what I am seeing at the moment, just sharing my thoughts. Be careful!
Weekly candle saw the largest volume in two years. Stop FUDDing
mweston3 evanrosshackler
Sa5h4 evanrosshackler
@evanrosshackler, Absolutely, agree... Last week it was good! But now it is low (even weekly candle is low, because high volume was last week, past) and seems to be pointing downwards for the near future. And I apologize if my drawing FUDed anyone, not my intention, just sharing my thoughts :)
@Sa5h4, Yea, just looks like analysis. (which I agree with) Not a fan of the FUD comment above.
+1 Reply
btc should hit 4k
Sa5h4 javadth
@javadth, I think 6-7k is a good level to hit for safety, lower might be a bit risky for my taste :)
javadth Sa5h4
@Sa5h4, i was checking last main drops 10k 8k 6k so it should hit 4k
+2 Reply
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