This is what's happening to BTC currently

١٣ يونيو ٢٠١٦

Overbought. Look at chart for the reason.

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ملاحظة

Notice how price is still respecting the median line of the pitchfork (mid-price channel), testing it a few times recently and failing to break above it, instead pivoting downward off of it. That's the power of the dynamic price and time tools.

Watch for a test of bottom channel for another long-entry opp.