Bullish and Bearish price channels demarcated in green and red.
If 12hr BB(233) support fails we will see price fall below $7500.
My original projection was a little ambitious. But the pattern seems to be repeating, just sckewed. Could turn into a very nice swing trade with a little patience.
I maintain my previous position. Next TOP mid (to late) JULY.
Price action contingent on $BTC.X (as usual)
Bearish projections REF:
The BB(987,close,2) comes into play.
If this chart was on a shorter interval I would be bullish.....so why not on the 1 day interval?
Retesting 12hr BB(987) BASIS SUPPORT.
12hr BB(237) lower BB(987) basis