Browse Stacks: Trading: Crypto: slopechart_$BTC.jpg

The Daily Blipparoonie 

I am sure the candle professionals have cool Japanese names for the last five candles and maybe an anecdote to go along with it all. 

I call them flat, cuz they didn't go anywhere. 

What that means to me is Bitcoin is fixing to move. We are at the bottom of a short term channel. 

We are at the top of a very, very long term channel. (not shown) 

Flip a quarter. For the record there is a lot more danger in the long term channel than there is profit in the short term channel. 

Happy Sunday!