BITCOIN - Possible completion of diagonal bottom pattern

in #bitcoin6 years ago


Almost retesting the possible mini descending triangle baseline and it flash spike out of the triangle top all the way to 3800. Still making higher low close on 4hr chart, looking to test resistance level around 3560 possibly forming a mini ascending triangle instead. Possible breakout upside tgt price around 3850 zone completing the possible diagonal double bottom pattern on daily chart.


News: (Current) | (Upcoming) CBOE BITCOIN ETF, 29 Dec 2018 (may be extended again to 27 Feb)

Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio : 117
Total marketcap : 111
Dominance : 54.8
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :


Published by OnePercentBetter

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I would say that it will be in the area of ​​2500 3500, until launch of BAKKT (January) and ETF of Vaneck (February)

It is true that there is currently divergence in RSI.

we will see what happens

yeah mostly still waiting to see what happen next.

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