f-73

Feeling stretched: Do or die.

f-73 已更新   
BITSTAMP:BTCUSD   比特幣
At resistance, top of channel.
Nearing vertex of a triangle.
Volume down.

It feels stretched.

The longer it takes the fewer the chances of a resistance breakout. Matter of days at best.
Failing that an impulsive retrace (towards bottom of the channel) may happen.

Fragile scenario.
Watch out, protect your positions.
評論:
I don't like this weekly MACD.

評論:
Down > 2500$ already.

Nearing the first support "belt" in the 54-55,2k area.
Likely to find a bounce from there.

Next we'll see.
評論:
Well it did bounce from 55,4k, slightly above the limit.
Currently trying to achieve a breakout:


Volume is the key now.

By the way, i'd see a relation with Coinbase IPO, as this kind of pump and the timing kinda feel artificial. We'll kwow better after April 14th.
評論:
Further thoughts here:

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