BITCOIN forming Triangle pattern ,As per this pattern price either need to break above or below out of the blue triangle lines .
As per profitMaximizer indicator the changes are more on the downside . The Green BackGround Rally has been completed now the price is struggling to move up .
Wait for few more 15min and 5min candles then decide to go for long or short.In my view it is short .
Closely watch where the price close in the triangle if it close below short ,above long.
@MarxBabu, well we know that, :-). The question is when- maybe we hit 4k first, or 4.2, or 4.7, or 5, or even 6k, before coming back down. I don't think this is the temporary top though- but of course I could be wrong, we could plummet in 2 minutes. Just my two cents.
MarxBabu
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@jeremy.jacques79, I value your deep insight.in my view it is temporary top.price needs to come down again.
W3rN0tAl0n3
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@MarxBabu, hmmm, we seem to be going the other way, ;-). lol