There are 2 scenarious for the end of triangle on BTC.
1. SHORT to 6250-6350
2. LONG to 6750-6850
I am for the second scenario. We have a huge support at 6200, so we should test 6800 resistance and after we breake it, we will probably not went below 6000 anymore this year.
Last pump was totally unexpected and huge. Now, some people said, we are in bull market and the bottom was 5800.
I think we will go to 7750 - 7800 and then the BIT TRUTH will be revealed.
LONG opportunity. But beware of BULL TRAP at the resistance line.
7220 - 7400
1. TARGET: 7686
2. TARGET: 7750
3. TARGET: 7800
Now we are under 6610 resistance. If we break it too soon, we should forget lower low at 6525 before a bull run to 6700.
Guys, never forget, that we are in BEAR market. We should see very nice FALL at 6700 back to 6100 - 6250.
I am waiting for LONG position at 0.9 USD and also 0.897
After the big PUMP today at 7:40 - 29.6.2018, we fall down back to 0 and from there, there was nice pullback. Now we are on 0.382 FIB and I expect another fall back to 0.89 - 0.9 USD, where I will open LONG position with target 2%.
It is close and short term position for a quick swing traders.
I am shorting IOT from $1.000 and even if I believe, that we will surely see some "classic" BTC pump UP in near future. I will stay SHORT.
We are still in bear market and graph needs to lay down under $0.92 IOT.
BTC behaves as a very unstable shitcoin and we can see some pumps here in last few days.
For the first time, the Consensus conference will probably have bad influence on the chart of BTC.
I expect some bounce up and then we will dump back to 8k where we will end up on 7800 and later on 7550-7650.
This forecast is for upcoming night and it is bearish...