BTC Channel Breakout?

Sep 14, 2018

BTC is at a critical point. It can either breakout of the descending channel or it drop down. Watch the charts closely. Current candle setup looks bearish but it could also breakout. Let's hope it does!

Sep 14, 2018

Note

Looks like a failed breakout on the 20 min chart

Sep 15, 2018

Note

Since my post we broke down before bouncing off the resistance on the 20 min chart. Looks to be breaking down further. Watching closely

Sep 17, 2018

Note

As predicted we saw a breakdown in BTC. If you opened a short position you can begin to take profit. It could break down further but I am deciding to take profit.

Sep 17, 2018

Trade closed: target reached

Sep 17, 2018

Note

Still lots of room for the RSI to drop, before we see a dead cat bounce. With that in mind I am long on BTC & XLM so I am quick to take profit