BITCOIN

in #bitcoin6 years ago

Looks like the shadow of the previous left shoulder works and now it's turning and possible completing the inverted head and shoulder pattern as mentioned previously. Now halting to test the resistance level around 6365 zone and next will be the channel wall (black line around 6500) and the finishing point for the right shoulder around 6800 zone again which come the breakout point, up or down. It might be still early before the possible seasonal sep rally.

Screen Shot 2018-07-16 at 5.06.07 pm.png

Short term moving average : downtrend gap closing in
RSI : -
Depth Chart : wall around 5500 and 8000
Weekly Timeframe : almost the same open and closing price as previous week candle mirror opposite. downtrend gap closing in

Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.

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