TheMonkeyMind

[SHORT] Ascending triangle with broken support lines

TheMonkeyMind Aggiornato   
BITFINEX:BTCUSD   Bitcoin
First supporting trend line is breached. If second one breaks it's going down charlie brown. Strong resistance at 5300 preventing it to go up higher. RSI indicating oversold since 2017 bull run. Everyone is being greedy right now. My prediction is BTC will see a small correction down to 4900 for retest, if that breaks we'll see price return to 4100. Any thoughts on my noob TA?

Thanks for reading.
Commento:
We're seeing the same fractals as explained here:
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