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TENXBITTRADER
Oct 17, 2020 6:19 AM

ANOTHER LOOK AT A POTENTIAL BREAKDOWN OF ASCENDING CHANNEL AND  Short

Bitcoin / U.S. DollarGemini

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MAJOR SUPPORT -RESISTANCE ON THE DAILY TIME FRAME, THIS IS THE 1ST LOOK AT A BEARISH BREAK TO THE DOWNSIDE IN THE LAST 8-9 GREEN DAILY CANDLES THE BULL TREND HAS BEEN VERY STRONG WITH ALREADY 2 FAKEOUTS -BEARTRAPS IN LAST 3 DAYS, ARE THE BULLS RUNNING OUT OF POWER OR ARE THEY CONSOLIDATING FOR A BULLISH MOVE HIGHER ? ONLY TIME WILL TELL NOW BUT I HAVE MY MONEY ON THE BEARS TAKING CONTROL FROM HERE AND WE SEE A NICE NEEDED CORRECTION TO THE DOWNSIDE SO THAT THE BULLS TAKE A BREAK ,REST AND GET READY FOR ALL NEW HIGHS IN THE UPCOMMING MONTHS AND END OF YEAR WHERE WE EXPECT HIGHER PRICES AND ALL TIME NEW HIGH'
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