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BTC: Strongest sign yet the fall may be ending - can it hold?
Bitcoin
BTC: Strongest sign yet the fall may be ending - can it hold?
By olivernash
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Updated
Jan 17, 2018
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Jan 17, 2018
Breaking this most recent consolidation pattern may be the strongest sign yet the fall is slowing to a stop, but can it hold?
Watching to see if the trend change forms any further - just slightly different - consolidation patterns.
Unless the bears show exhaustion on the current MACD cycle of the 5 minute chart. I may jump from the current rise and wait for the next...
Jan 17, 2018
Note
Bears exhausted in MACD cycle on five minute chart makes this an even stronger rising signal.
Jan 18, 2018
Note
I updated my idea on what might happen next in a new post:
BTC: Almost everything is 'just another one of those'
Economic Cycles
Support and Resistance
olivernash
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