This could turn into a panic buy

in #trading9 years ago (edited)

Rocket Shot Alert: BTC is coming off of a small double bottom at a 50% retrace that could lead up to the neckline of an even larger double bottom that could take it to new highs with trend-momentum in the form of the MACD and Histogram turning positive as well on the 4 hour provisional chart.

Might the panic turn on a dime? It's another, very real, possibility.

Will let the chart do the rest of the talking. See you on the flipside.

BTC28062017pub.jpg


Please leave your comments, input, questions, etc. below.

Your support is much appreciated. If you like this post, please Upvote.

@cryptographic

Coin Marketplace

STEEM 0.04
TRX 0.31
JST 0.073
BTC 63314.81
ETH 1670.42
USDT 1.00
SBD 0.41