I like this $BTC MACD chart by @TrueCrypto28
"Has the direction been given or is this a head fake. This triangle has been wicked to the downside for the first time in many months (depends on how you draw your lines of course), but we have not made a LL which is necessary to call a break to this triangle"
A mini rally to $7000 to $7200 is reasonable to expect. This will be another critical decision point. Expect at-least 2-3 efforts at 7200...and then we arrive at another decision.
1) IF a "Head Fake" = A Big Rally (if NO new FUD is manufactured)
2) IF a real breakdown = Capitulation below the current low (This will need ANOTHER BIG FUD)
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