Weekend Reversals on Bitcoin

1 thg 6, 2018

Note how since the start of 2018 Bear Market we "reverse" all changes after weekends (spikes in either direction if any) to start mondays at roughly the same price level as before or at least retest that level (probably to sync with the futures). We are currently moving in a down channel and are still being rejected by EMAs, will likely bounce down from the ichimoku flat bottom.
There's also another theory that each 6th of the month we have a notable reversal point. June 6th could be next.