sleekg

sleekg

The break out (B.O) of BTC from the small Triangle on June 14th, Failed and led to a selloff to around 29k. Sellers expected the selloff to break the 29k support and a lot of sellers panicked and sold off. The selloff failed at support and became a breakout Pull Back (P.B). The Bar before the green reversal bar at the P.B is the largest bar for the past 20+...

sleekg Updated 

Like in the previous Post, we expected 42k to hold the BTC, but beers were so strong the broke the support and confirmed the spike phase of a new Beer Trend, This pull back to 40k failed and confirmed the beginning of the Channel phase of the market. If you short anywhere around 39-40k, your immediate / Short Term TP would be at 28,500. See you there.

sleekg

BTC is staging a recovery to 57k before the real bad days begins.