We've been grinding up against this tredline for awhile now, and if we can start off strong Monday I think we could see some nice volatility. 
BTCUSD has also printed a nice consolidation pattern since the movement in the beginning of the month; these patterns are also known as continuation patterns, and as the name would imply they continue the movement of the previous trend.
The
USDTUSD broke on the 25th, and we had a 4.82% drop, but the .618 fib held us up nicely.
Looking at a trend line from a longer standpoint, we can see thatBTCUSD is coming to the end of a much larger trend, will we break up or down is the big question.
BTCUSD has also printed a nice consolidation pattern since the movement in the beginning of the month; these patterns are also known as continuation patterns, and as the name would imply they continue the movement of the previous trend. The
USDTUSD broke on the 25th, and we had a 4.82% drop, but the .618 fib held us up nicely.Looking at a trend line from a longer standpoint, we can see that
BTCUSD is coming to the end of a much larger trend, will we break up or down is the big question. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.