thekevin

Short Term BTC Update

thekevin Updated   
BITMEX:XBT   Bitcoin
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.
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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.
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It would probably need to look something like this.

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