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RE: Bitcoin TA - summary of analysts - 28. Feb 18

in #bitcoin6 years ago

Thanks again for hard work and great content..
Small update:

  • There are also bullish flag pattern. Traders on the 4-HR chart, waiting for a likely return-move to retest 10.15K level, before entering a long position, they will place a stop-loss anywhere under key level, below 10 K - Target 1: would be 11.7K .. Target 2: would be 12.8K on near term.

  • Note, Bitcoin price was able to draw some gains the last days, even though equities and commodities closed lower. This marks a shift in the dynamic wherein bitcoin usually trails these riskier assets and benefits from risk appetite

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Thanks for the additional comment! It looks like you are right again. ;-)

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