capsule91

Dangerous Descent..!

capsule91 Updated   
BITFINEX:BTCUSD   Bitcoin
BTCUSD A descending triangle breeding !
Brace !
Following the pattern there is going to be a 2 day stall in any major break of price action....
But then its mayhem to 7400 which is the 1.27 fibonacci level..
A bearish harmonic battern is to be watched for...!
Or a tripple/double bottom..!
Holy thou Shorters..!

Disclaimer..This is not a trading/investment advice...
Comment:
IF 1.27 fails which is unlikely in my opinion, the next hope for the bulls is the 1,618... which should do it....
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