kievanrusbazaar

Bullish breakout from descending triangle to 47.8k

Long
kievanrusbazaar Updated   
BITSTAMP:BTCUSD   Bitcoin
Normally this is a bearish pattern but since we're oversold on many timeframes and we've just been falling for a few days, looking for a bounce from here.

Bounce to 47.8k
Comment:
Sunday Mornin' Comin' Down

The song by Kris Kristofferson describes the crypto markets on a Sunday morning sometimes.

It's possible we go down and touch 40k or lower, in a sort of drunk stupor and then continue this pattern breakout to 47k again.



Well, I woke up Sunday morning
With no way to hold my head that didn't hurt
And the beer I had for breakfast wasn't bad
So I had one more for dessert

Then I fumbled through my closet for my clothes
And found my cleanest dirty shirt
And I washed my face and combed my hair
And stumbled down the stairs to meet the day

I'd smoked my brain the night before
On cigarettes and songs that I'd been pickin'
But I lit my first and watched a small kid
Cussin' at a can that he was kicking

Then I crossed the empty street
And caught the Sunday smell of someone fryin' chicken
And it took me back to somethin'
That I'd lost somehow, somewhere along the way

On the Sunday morning sidewalk
Wishing, Lord, that I was stoned
'Cause there's something in a Sunday
Makes a body feel alone

There ain't nothin' short of dyin'
Half as lonesome as the sound
On the sleepin' city sidewalks
Sunday mornin' comin' down

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