BTC Update.
At the moment on BTC I am following what I perceive to be a Triangle Formation and in this particular case a Bearish Triangle as depicted in the chart.
Why is it labelled bearish? Because a triangle represents indecision within the market but the standard practice / bias for a triangle is to follow its previous market direction.
We can then see that...
BTC 4HR Update.
Watching these Trendlines and Fibs levels fairly closely. Right now I am more bearish then bullish until BTC closes above 100% on Fibs or 45kish.
Interesting times ahead for BTC! What's everyone else seeing?
