Well...I hate trying to call a bottom especially with the entire market looking so weak right now but I can't help myself...I think bitcoin needs to bounce before it cand continue to dump so I am going to make a speculative play here. Long bitcoin based on 1 hour volume and rsi divergence, tight stop loss. Let's see what happens.
Note
Well, we were right about the bounce...let's see if we can hit target....SL moved to break even.Note
We could be printing a inverse HNS which is usually a reversal pattern...now this would be a very nasty looking HNS but it does have the same FEEL to it...let's see what happens
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.