at the correct market angle which these boxes help your see.... we could possibly of already been in an adam and eve bottom ... we are now on a retest and hopeful continuation. The markets are tricky but finding ways to stay ahead of bots is a must. This is how fake outs happen. you cannot get the true angle of the current market unless you use prior cycle data.
Right now bitcoin is looking to ride the bottom of the green box which is around 5-6k ...if we fall through that box along the way we we could be likely to test any where on the top of the red box which can reach lows of $2k ...crazy times be careful... i still believe there's time either way for us to get a clearer picture for the long run
Price Getting Real Tight .... Im seeing price action following Spring/Summer 2015 ... MARSI indicator also showing the same long wedge ... Lets wait and see ... Either way theres a good move to be made ..
Waiting to see how this chop zone reacts. If we get another dump i think we could possibly see mid 300s with some heavy volume coming in. Or we could go the other way and return back to the yellow resistance zone 450 range.
bitcoin has been ranging from 390 to 400 for a few days now. Im not making another move until we complete it. Pitchfork targets are around Mid 420s . Most indicators for me do have room to push some more.