BTC Analysis Mashup: nailed it! What next?
This two posts nailed the last movement:
https://steemit.com/bitcoin/@znog/btc-analysis-mashup-come-on-bitcoin-cut-the
https://steemit.com/bitcoin/@znog/btc-analysis-mashup-and-patience-paid
Now I (and others) would expect the price to drop a bit and consolidate above the last resistance, now turned into support. I like the Ichimoku cloud on the two hour scale, as you may have noticed by now. There you can see a range of price levels I would buy.
VaidoVeek proposes a bit lower, around 6500 +/- 50
https://www.tradingview.com/chart/BTCUSD/QwejEGa4-BITCOIN-Levels-Where-We-Can-Jump-Onto-The-Wave/
mycotoxin, is more in line with my view:
https://www.tradingview.com/chart/BTCUSD/AedMYDiG-BTC-Tweezer-tops-these-go-down-BTC-but-its-on-the-hourly/
WARNING! trading is a very risky thing! Don't take this as an investment advise: it is likely to be wrong and you will probably lose money if you take this seriously. If you do lose money, don't blame me or anybody else commenting, because in the end is your choice.
Given the triangle I would expect something like this to happen... though seems too soon:
I suppose that if this happens, we will be staying around that lower area for a while... or go lower like VaidoVeek suggested (He is usually right)