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CNotes1234
Nov 20, 2018 11:30 PM

BTC Tight zone 

Bitcoin / DollarBitfinex

Description

On the intraday/short time frame am watching this little area of push& pull before the next big price movement takes place. Posting to watch play out after the break.

Comment

I'm not going to try to catch a falling knife. I don't expect consolidation here, but that's always the third possibility. This is a shorter time review.Watching to review price movements. Redzone is last level before a bottom to split BTC price. I'm continuing to watching that years-long orange upward slope as a possible temporary bottom, though sub 4k is not out of the question.
Comments
CNotes1234
Zone not completely broken through, I expect it to test moving averages and the vwap if upward momentum wins.
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