AroDnap
Short

BTCUSD H&S pattern similarity.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I think the rebound will happen at 5000 or 4700.
Previous high 3000 has been tested many times, but 5000 is not.
So I decided that 4400~4700 section could be more reliable than 5000.
Comment:
Bitcoin recorded new ATH!!
However, RSI and volume are weaker than last one.

This week candle stick has also been finished with a rise.
Bitcoin is converging on week chart.

Comments

problem is that, we did not jump to target -> 6400, causing major divergency on 1 w chatrt, this time we will go below 3 k.
+1 Reply
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