Bitcoin has broken the short term down trend.
We were eyeing the pivotal support points for ending this down trend but
BTCUSD
picked up the pace and broke the down trend. We may see a test towards this down trendline especially with a potential
NDX
correction and break the down trend started in April.
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
BTCUSD
picked up the pace and broke the down trend. We may see a test towards this down trendline especially with a potential
NDX
correction and break the down trend started in April. 
Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Commentaire:
What a show it was. The reality is we are just back testing the broken down trend (it was just a little bit bloody). We may see a strong uptrend from here. There might be one another up & down sequence to increase the fear. Either way we are getting manipulated. Stay safe!