not just for the joke :D
i am holding this short exactly as drawn in this chart
technical:
The trend is keeping it tight in the channel center. Intermediate goals like $260 are discussed but profit takers are on the spot. The ADL shoots up, i'd say correction/distribution has to follow soon (without knowing if i interpret this right).
fundamental:
Network...
less talk more lines
Old setup is in the red, buy signal triggered too - should close before things get steamy. New setup could be quick long or just short the top at 250.
While every analyst was drawing one flag i drew a shorter one above it, but now i got back and elongated the first one. This gives some room for the crash but also looks very concerning. Another analyst mentioned the extended line i put below - the really long term trend is unbroken, however there is not alot of room for a turn around now. If we break 9200 we...
Backstory: The first pennant did not even form a double bottom so the price spiked into the upper midst of the channel with ease. From there it turned down to almost previous levels, particularly around 266. This couldn't be sustained so the return to the bearish middle trend line followed.
Current analysis: A tight pennant is forming. Futures have a positive...
Backstory: The bull channel had an outbreak which returned to the channel. This is sometimes associated with a measured move of the same size but in the other direction. The target came a bit late but also overshot slightly. This is a small indicator for more bearish action.
Current analysis: There is not much rebound to speak of. The sideways ground movement is...
![BTCUSD: [unpublished] start of the year](https://s3.tradingview.com/h/HJUqsxxT_mid.png "[unpublished] start of the year")
