BTC/USD - The Trend Line Test! 28/2/18

in bitcoin •  7 years ago 

holla

so i am still not 100% convinced on this uptrend but one thing that'll get me halfway there is a break of the juicy big ass trendline that has been setup for ages now.

TRENDLINE BREAK.png

Currently prices are getting squeezed into a tight corner, where we will either see a break downwards TREND LINE REJECTIONNNN or we could even break up!

if we are to break i know a lot of people may possibly just start throwing their cash at BTC , so that could also cause our Bullish Scenario of le inverted Head and Shoulders to blossom, with a target of 18k at completion.

H&S.png

I for one am still not ruling any bearish scenarios out just yet. But breaking this trend line is a massive step and could have a lot of people putting confidence in a major uptrend.

I would love to type out my bearish targets but low on time so they can be found on some of my recent posts such as :

https://steemit.com/bitcoin/@sourlemonball/btc-usd-new-critical-junction-point-26-2-18

https://steemit.com/bitcoin/@sourlemonball/btc-usd-bear-er-of-bearish-news-25-2-18

So yes stay aware on price movement , but again i still would not be ruling out anything just yet.
I NEED PROPER CONFIRMATION BABY

Legal Disclaimer: I have no idea what I'm doing and I'm not telling you to follow me or make investments based on this information, this is just my thoughts and ideas and what ill be following. Happy Trading!!

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