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RotiWokeman

BTC USD in the channel, prepare for a bounce?

Long
Bitcoin (COINBASE:BTCUSD)  
RotiWokeman Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD BTC crypto Cryptocurrency
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trendanalysis chartpattern indicator btcusd btc crypto cryptocurrency
I'm overall long on BTC, and I think while it may make a thin wicked candle further down, it's far more likely that it's about to bounce quite nicely, consolidate, and head up the channel again. Look out on the alts, consider your stops and where to take profit.
Comment:
Tradingview, please install some sort of autosave function, I currently hate you.
Anyway, I think despite some other bearish indications, BTC could bounce soon and reach as high as the 1900s before another bounce, and then finall to a new A.T.H.
Comment:
Hmm well I was wrong with this one. It broke down through the MAs I was looking at.
Comment:
The low 1300s seems like the next support area, I'm still leaning overall bullish. Will it finally test 8600 after all that?
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