crypto_emu

BTC being indecisive

crypto_emu Diupdate   
BITMEX:XBTUSD.P   Bitcoin
BTC wants to break the ATH (or not yet). The dips kept being bought up and the potential bearish setup of 18.5k acting as resistance failed with style, so I am leaning bull, hence the two bull setups and one bear. Losing the 18.5k pivot would indicate buyers starting to become exhausted and we go back into the downward channel. If it plays out, the bearish scenario could yet turn out be a bullish consolidation under resistance and form an ascending triangle, but would give hope to the bears and means that the expected ATH break would be delayed somewhat.
Komentar:
Could also just go straight up from here, but the trade setup in this scenario is the same as detailed.
Komentar:
Straight up it is, should see a small pullback towards 19's now.
Komentar:
No pullbacks EVER. Straight to 100k

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