cerealtrades

another pullback area (BTCUSD)

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cerealtrades Diupdate   
BITSTAMP:BTCUSD   Bitcoin
potential downside is increasing as we bounce every time we set a 15 minute lower high. the qqe signals strategy is long, but rsi is continuing weak and will probably get to oversold. if we dont find ourselves over 44000 soon we could see 43700 sooner. selling 43888 might work, selling 43850 might be a level to watch, and selling a break of 43800 is a possible entry. to the long side if were going to continue this move up we really need to break 43900 resistance and the next level is 44000.
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watching this descending tightening wedge
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trying to break these trendlines in a certain range and why topfishing this move might work
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many ask where will the rug pull end i think were in snap back territory
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next levels down if this continues are here
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long entry from rsi strategy
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potential paths if we bear flag or if we bull cypher
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trading outside lower bb and with rsi in the teens
potential paths are outlined
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soon over 42000 is likely if we dont find ourselves around 39500
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watghing for a potential break of sinking resistance and rising support
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could bounce around in this range for a while
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