Bitcoin still showing comfortable momentum against this wave of gravitational pressure. I expect to see us break up towards 540 before any major drops. Though as always bitcoin does what it wants.
Chart speaks for itself. Apart from I spelt possible wrong!!! Definitely been awake much too long.
I'm off to bed :)
Less Sleepy Update
I've cleaned this up a bit on my own chart as I was very sleep deprived when I was making it before. But basically my red channel is "danger zone" in terms of ...
Noticed this today and didn't panic. Perhaps we are starting to tip towards consolidation in the uptrend now however it's enough at the moment to keep me mostly long, but poised to keep an eye on where things go on the longer term charts.