No change so far. Diamond top brake to the downside still in play. Shorts and bears still running the show. Most of these upticks are just shorts covering their positions. Price has some serious work.
Rough week for the dow. Failed third drive. Triple top neckline has been broke which is short entry point. Shorts and bears are winning at the moment. Price needs to brake trend line to be bullish again. Rsi is floored. Only happened a few times over past few years.
Price is working a bull flag. Getting ready for next move up. Price is bouncing between orderblocks right now. Playing out perfect for the big bad bullish M set-up.
I realize this is probably a crazy idea but what about a possible inverted head and double shoulder. Not sure if that has ever happened but $btc is like no other currency ever. I know we just broke the pen and measured move is the target but just an idea.
Price retested high. Look for .618 to .5 retracement. Price will need to brake downtrend to be bullish again. also watch ur 50 and 200 ema bounces that I don't have on my chart.
Price continues to struggle to break the main resistance trendline. Looks like we could be looking at another double top. Plus the top #1 holder on okex just opening a massive position. Which I think is short.
