NOT SAYING BITCOIN WILL PULL UP AGAIN BUT LOOK AT THE CHART. LOOK AT IT.
ENTRTY LINE IS FIRST BLUE/ EXIT IS SECOND STOP AT ENTRY OR JUST ABOVE (ONLY ENTERING ON SUPPORT BREAK)
BITCOIN is oversold and returning to the 786 level. Should collapse pretty violently if bull reverses off resistance lines.
ITS FINALLY TIME. I DIDN'T THINK WE COULD GET HERE SO FAST.
Falling wedge looks confirmed. Sideways 6k land seems like BS now. Bitcoin could pop up but ultimately i believe it's gong to respect the wedge resistance. Does this mean that bitcoin is bullish longterm?
Here's my chicken scratch work of assessing Inverse Nat Gas. Staying conservative in my price targets but price could spike higher than expected. I stated where price 'should' be based off opinions on how price in most market and fib law actually move and understand that system is inconsistent. Just giving out a guide on how oversold we are. Don't underestimate...