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thekevin
Apr 15, 2020 12:33 PM

Short Term BTC Update 

Bitcoin / US Dollar IndexBitMEX

Description

I still have bullish bias on this one! Still expecting the target of the last triangle I posted to be reached (as the height of the triangle hasn't changed since then). Happy to be wrong though. I believe the next break up or down won't be a fake out as the triangle seems to be coming to a conclusion.

Comment

Zooming in to the hourly. This red line needs to hold. Preferably holding before that at around the .786 - .95 retrace of the smaller scale wave we have had thus far.

Comment

Comment

It would probably need to look something like this.

Comments
Spocks-Beard
we already broke the resistance of the triangle
Spocks-Beard
I like the chart but dont agree with bounce - Inverted
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