I think the triangle everyone is looking for has been broken, (from what I gathered from RSI) and bitcoin is trying to get back on the support line that was with the trend to 13000 (DARK GREEN), but so far it's getting away from it and things don't look very good at this point. I've showed a few key points in my chart that I think have played their part and soon will come to play if things go as it is right now.
bitcoin lost the old support line (DARK GREEN) and if it breaks the new support line (LIGHT GREEN) bad things would happen for a the mounts ahead.
but all things consider I think this is all a mild set back and bitcoin will go up and up in the long run!
ps. I'm looking for changes in 30 min time frame but so far this idea is playing out.
bitcoin lost the old support line (DARK GREEN) and if it breaks the new support line (LIGHT GREEN) bad things would happen for a the mounts ahead.
but all things consider I think this is all a mild set back and bitcoin will go up and up in the long run!
ps. I'm looking for changes in 30 min time frame but so far this idea is playing out.
Comment:
sorry for the typo months not mounts :))
