roelll

roelll

Bitcoin has finally broken down from a huge consolidation pattern that lasted for months, but Kijun line is still rising. Why? Let's look at history. I think capitulation is not far. With 200 week EMA line sitting around 4200, we should be looking for a capitulation candle from this point on.

roelll

Potential strong bear continuation based on kijun bounce and engulfing candle + kumo breakout.

roelll Updated 

Possible Cup & Handle

roelll

Possible triangle forming and volume is trending down. Big move coming, probably down.

roelll

Bitcoin price has recovered a lot since the massive dip in the beginning of the year, but there's still no bullish cloud ahead. Expect price to touch the kumo line at around 945 before bouncing around until a bullish cloud appear.

roelll

Bearish run soon if it breaks out