Believe it or not, this is NOT a bearish chart. Barring a major collapse of the currency, which is unlikely considering the upsurge in volume in Japan and Korea. we will most likely see another leg up in the Btc bubble, as it were. I am currently neutral, waiting for a move above the Head of the Dragon, ending the Dragons Eye formation currently in play. We will likely see a retest of the 20k level as the Dragon takes Flight and the upward pitchfork comes to fruition. Keep your powder dry and let the market come to you. Timing is essential, as in all things. Good Trading!
Believe it or not, this is NOT a bearish chart. Barring a major collapse of the currency, which is unlikely considering the upsurge in volume in Japan and Korea. we will most likely see another leg up in the Btc bubble, as it were. I am currently neutral, waiting for a move above the Head of the Dragon, ending the Dragons Eye formation currently in play. We will likely see a retest of the 20k level as the Dragon takes Flight and the upward pitchfork comes to fruition. Keep your powder dry and let the market come to you. Timing is essential, as in all things. Good Trading!