Well still a bullish pattern, consolidations means a pump (for chsb) dont miss the train!
Indicators could be better but seem kind of neutral. Might bounce on the mac D and turn bullish with a bit of volume.
As we can see we see a Symmetrical Triangle forming on the daily chart. This also indicates an accumilation zone. Also Bearish Divergend RSI.
Not bouncing on fibonaci levels makes me think well be going lower, although the market cant be predicted since it is manipulated by whales...
Lets just see how this plays out, under 6.800 USD im going FIAT, breaking out...
What is BITCOIN trying to say with this looking like down-trend? is it gearing uo for a jump or is it angry ?
If we break the upper trendline that would obviously be good, maybe a good entry to get some btc or alt coins.
BTC is respecting the uptrend perfectly, although it is creating a rising wedge on the outer lines. Shorted my alts positioned and will see how this plays out
