TheJinjaNinja

The pivotal moment! Some BTC Chart Porn. Witch way do you think?

BITTREX:BTCUSDT   Bitcoin / Tether
Well I feel like this is pretty self explanatory. I just want to boast about those trend-lines! I started drawing a few levels of support in the green and resistance in the red then I threw in a few trend-lines. When I saw how they all line up with such beautiful geometry I just had to share. My first ever post here by the way, so be nice. We can see Bollanger bands starting to pinch looks like this could blow any moment now. We might just find ourselves stuck in a channel for a while longer but sitting nice and tight in that symmetrical triangle, price could break out sooner rather than later. Symmetrical triangles could go either way seems like the middle line of those squeezing Bollanger bands could hold as support. but really it is all about who wants it more the Bears or the Bulls? Mind you RSI is starting to look interesting for any Bullish hopefuls. I recon we are due for a short to medium term revisit of some resistance before another capitulation. but I am not prepared to put money down I think I'll wait a day or two for more solid indicators.
What do you think of those levels though?

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