Consolidation within the triangle very near to squeeze point, if breakout downside target around 6150 support zone which is about the dotted red down channel bottom. If upside target will be around 7000 zone which is about the top of the dotted black channel, though likelihood of upside is much lower with 2 lines of defence for the bear, one the possible triple top resistance around 6750 and the big descending triangle/long term bearish channel.
Mentioned about the possible possible mini descending triangle with baseline around 6400 still likely as it breakdown little from the possible triangle apex.
News: (Current) | (Upcoming) CBOE BITCOIN ETF, 7 Nov 2018 (may be extended again to 7 Feb or 7 Apr 2019)
| G20 FATF, Oct 2018
Short term moving average (day candle) : -
RSI : -
Network Value to Transactions Ratio : 190+
Bitfinex Margin Long/Short Volume Ratio : 0.872
Depth Chart : (S) | (R) -
Weekly Timeframe : -
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