Is bitcoin unable to decide the next destination?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin can not decide where to go from MPP of last month.
I will continue to select the downtrend approach.

1-1) It rise to MPP (P) near 6641.8 and MPP (P) is functioned as a resistance line.

The first limit is on WePP (P) 6225.1.
The second limit is above 6000.0.
There is WePP (S1) 5904.6 under 6000.0, so there is a risk of extending the limit any further.

1-2) It rise to MPP (P) near 6641.8 and MPP(P) is doubtful that it isfunctioned as a resistance line.
Because I think it is downtrend, Long do not be think.

2-1) fall under 6000.0.and It acted as a resistance line.
The first limit is on MPP (S1) 5504.7. (For prudent people like me)
The second limit is on WePP (S3) 5139.1. (For those who believe in reaching 5000.0)

2-2) fall under 6000.0. and It kept going down without working as a resistance line.
We can not do anything. Wait for some resistance line to function.

I would be grateful if you like it idea,give me follow or agrees!

------------------------- <Legend> --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thickLine: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding double zero

Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close

x mark: Line which may not function
------------------------- <Legend> --------------------------
Trade closed: target reached: Since risk / reword was good, we set it to the upper limit and have reached.
I apologize for forgetting to take pictures.


still holding positions :)
fondiea bearishbull1968
@bearishbull1968, But it looks like it will fall!
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