ICooCooforCryptoI

ICooCooforCryptoI Updated 

Hello all. Congrats to all believers who have stuck it out. Today I am once again looking at BTC bollinger bands. After this crazy ride up and new ATH BTC needs a little cool off which will allow the bollinger bands to catch up. One thing to note is the weekly isn't looking too hot which the bulls might want to change before closing and pulling back for next weeks...

ICooCooforCryptoI Updated 

Possible close above middle band for the week then restest :) If rejected first stops 42-40. I am noob so dont hate to much just my thoughts of bulls goal for next few weeks. Bears goal = 0

ICooCooforCryptoI

One day possibly looking at a real test of the middle bollinger band. Bulls possible goal = Holding the middle band as support. Holding here would be key to avoiding a very bearish outcome IMO. Bears goal = 0 :)

ICooCooforCryptoI

Rejection off the middle band could mean a test of the bottom bollinger band. Bulls goal push past the middle band and use it as support for the next push to 46. Bears goal = 0

ICooCooforCryptoI

Looking at the 4HR Bollinger bands we have lost the middle band as support and have been rejected off of it the past two days which could push us further down to test the middle band of the one day. Bulls goal retake the middle band of the 4hr at 46 Bears goal = 0