jblewis85

jblewis85

All the lines seem to converge to the end of the year and then a break up out of the descending triangle

jblewis85

Must wait for neck line break confirmation. Target $285-300 trend line and price support.

jblewis85 Updated 

Might close CME gap to 10400. There is a little weakness in a market that needs a correction though.

jblewis85

BTC has broke and closed below rising wedge. Might test lower supports 8000-7700 IMO.

jblewis85

The bottom of the channel has been touched. If buyers come back into the market it could reverse to least mid range of channel. This market is very weak so wait for confirmation.

jblewis85

Weekly chart is not looking good if there is not strength over the weekend. Come Monday both inverted hammers form this will be a very bearish signal. Look to close position if buying does not come back in.