BITCOIN Inside Bars -- Pullback Likely

in #bitcoin5 years ago

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Happy Saturday all. Well, we're seeing inside bars right now, but a bear breakout is still likely. Bull volume is fading and not following through. The weekly is still in need of a big pullback, and with the lack of bull momentum now, it is likely we will see consolidation at this level continue, or a bear break. I think the case for either scenario is possible and just as good.

Looking for a break in the short term! The longer we consolidate and trade sideways at this level, the more likely it is we will see an ultimate bull break!

Hope you all have a great weekend!

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Thanks for posting the update

much appreciated!