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slopechart_$BTC.jpg

The weekly Blipperoonie 

Bullish - Last several months are a gigantic bull flag. The last week was a small bull flag. The Elliot Wave boys would profess that this entire structure is some kind of correction coming off the impulse moves earlier in the year. 

Bearish - My proprietary top secret moving averages of uncertain certainty are both pointing the wrong direction. Under the 50 day for two weeks, longer if you want to regard that last pop as a fake out/overshoot. 

Flip a quarter. 

Happy Saturday!

Image added via SlopeCharts
slopechart_$BTC.jpg

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