BTC looks like its reloading for another leg down

Oct 22, 2019The stochastics arent oversold. The MACD is barely grinding up while the price is going sideways. We are still under the 21 daily and weekly EMAs. There is really nothing bullihs in this chart. Our only hope of a break up is if we consolidate sideways for another month or two. If we break down most people are enticipating the 7k level to hold. I dont think it will. I think we will go trough like a knife trough butter and we will start getting some buying below 6300.