BTC forming bearish RSI after move above 10k
Small pullback to fib level area between 9300 and 9500 before continuation to the weekly resistance at 10.4k
Visit my site Trends on the Block for more in-depth analysis and specific levels to take advantage of my Penny Coin Strategy
After having troubles with RL issues, I am coming back to give market updates <3
* I'm still not fully bullish, but yes it is more logical to focus on bull moves and not shorting atm (Don't go against the trend, the trend doesn't seem to weaken).
- Don't FOMO in! trade carefully... these gaps are psychological play zone, more likely to retrace a bit (Hopefully to...
Btc seems to be making a huge falling wedge that has inside 2 more falling wedges, and it will possible form a 3rd one.
We are currently at 2nd falling wedge with target of $7090 and very likely $7700/$7800 then down again to go to$4900/$5200 bottom of the Huge falling wedge formed since January
There is also a consistence of dates and the amount of time...
From the $5,000 breakout, we will see downside, eventually to the $2200 - $2500 area.
From there, its BTC10K BABY!
You saw it here first, and if you weren't cool enough to buy in when I clearly told you to do so, don't blame me when you are sat there with your "real" money. #SHEEP #TheyTellYouItsRealMoney