First a small intro:
THIS IS JUST A THEORY FOR NOW.
CONSIDER THIS A TEST OF THE THEORY.
I'm letting the chart on a larger scale, to expose the rather unsettling movement in the left corner.
Notice how the price moved PERFECTLY between the intersection of 3 circles.
It is.... scary, a bit.
I came to this idea by thinking about satellites. You know how they work?
3...
Good Evening Traders,
After an impulsive move to the downside (green arrow), price has slowly rallied up into the previous structure low. Expecting price to break out of the triangle into the 142 level. Follow my twitter: BrightForex for more ideas!
Thanks and Good Luck!
Ike
In accordance with things I've learned from kazonomics such as using lunar phases and the Dollar index while trading, and my own knowledge of breakouts and the strength of breakouts and fib retracements, I predict BTC will undergo a massive pullback down into the $180s.
