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w_h_indicators
30. Jan. 2018 20:29

BTC triangle and bump and run pattern Short

Bitcoin / United States DollarCoinbase

Beschreibung

Volume is coming up and BTC has broke both the inside bar pattern and symmetrical triangle.

So far resistance at 10000 is holding.

Next levels of support/potential lows are at 8300 and 7500--sounds low but both levels would be consistent with rate of decline BTC has been experiencing lately.

We are also at a critical point in a bump and run pattern (below)...another leg down would put us in the run phase.

Kommentar

bump n run

Kommentar

^i meant support @ 10000, it is not yet resistance
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