I usually clean up my trend lines as I trade, but I have not done that for a couple weeks and its actually a lot better this way until I zoom out from a 5min chart lol. Every line matters. I see a drop coming, below 3800. thought you would find all of those lines pretty funny, made 5k off of those freaking lines. I'm neither bull or bear, I just flow with the market.
BTC still has some time left for a breakout and the current low is within range.
Upside 6440 Downside 6300 Watch the triangle, trade accordingly, its not rocket science. Coinbase is always lower that other exchanges so build a triangle like so into your chart and you should have numbers for your exchange.
Still have room in the triangle of death to test 6k.
We are headed back to at least 6660.00. The last time it broke out it used the breakout line during sideways support as it is now. Expect it to go to at least 6660.00 but it will use the breakout line as support. If it breaks that support, sell. If sideways support continues, just keep your eye on the support line and highs, then trade in between there.
Could go as high as 7000 then back down to 6000, not ready for a break out yet. A lot of resistance to get through. 4hr cross over going to be a mean one this time around.
Not sure where this is headed, however to me, it looks like it is heading to 6260 or 8435.
Although there shows a possibility of going to .20, I think it will hit the 40s then bounce up slowly.