BTC UPDATE 3/22/18

6h chart

Alright here we go we got a retracement to <8.4k and the sentiment is slowly fading away

I drew a parallel channel from the ends of the VPVR, correlates with the price action for the past month and a half. Range trading vs. trending market trading, seems we are in a range bound market

NOW TO GET TO THE REAL STUFF

That bear is liking this dip and that bull of mine is feeling a little worried

BEAR eating good for awhile if we see lower than $7600 and a break of the larger triangle trend
RSI trendline will be tested :p

BULLs sharpening the horns if we bounce before $7600 and make a higher high above $8,700 (in the short term trend)

also, here is a 4h look, BULLISH iHS (inverted head and shoulders), support is being tested currently.. will update asap..BEARISH: (upon confirmation(s) of broken support, pattern will be invalidated)

I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or picks, expressed or implied herein, are for informational, educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.