BITCOIN Is Going To Make a Move In THREE DAYS

After the Friday's movement upwards, the BTC' price has made a throwback (movement downwards) to some critical levels but luckily it got a rejection from those levels, and the critical levels are:

• The triangle bottom trendline , which is also the major counter trendline (if we look at this in the bigger picture)
• The minor counter trendline (orange)
• The Fibonacci perfect retracement level 61.8%
  Those three are currently the major supports if we look at this from price action perspective. We don't want to see that the price or the candle get a close (at least 4H candle) below one of the mentioned levels.
  Also, as You see, we are very close to the triangle tip and hopefully, You already know what would happen if the tip comes to very close - the price will explode and it could make a move what we have waited for a very long time to get a little bit clearer price direction.
  Maximum wait time would be three days then I can say what the mid-term direction would be but many analysts in the TV has said that they don't see that the price could make a new lower low in 2018.
  One of the reason would be the end of the year bull runs through the time. November and December have been pretty bullish over the years and current price action would confirm that with the constant higher lows printed on the chart.
  The current, bounce came from very important area what I mentioned before but as usual, the volume is super low. We need a little support from the altcoins, we need that they do little bit bigger moves upwards. BTC' needs also a bigger move upwards because we are on the edge with BTC' price but don't worry I think you're used to be on the edge ;)
  Here are the reminders for a bullish scenario and for a bearish scenario:
  Mid-term bullish confirmation area:
• A candle close above the triangle upper trendline (black line)
• A candle close above the Oct. first week low which has worked nicely as a resistance
• A candle close above the strong resistance area at $6,460.
  So those three are the main obstacles before we can start a mid-term movement upwards, the target would be the well-known $7,000 BUT we can't forget the round number which is the $6,500. This could be also on the list but I think if we manage to break above those first three then the round number break will come easily.
  Mid-term bearish confirmation area:
• A candle close below the counter trendline (orange line)
• A candle close below the counter trendline (black line), this could be the perfect trade opportunity for shorts because of the overall trend is down and if we get a break below the counter trendline (a candle close below the trendline ) then it would be a good and powerful sell setup.
  The targets would be:
• $6,250
• $6,125
• $6,000
• $5,750
  Source