MrLucifer7

Higher Low?

Long
BITSTAMP:BTCUSD   Bitcoin
Could this be a higher low or just a short term bounce to make a much bigger head and shoulders pattern? The Lower time frames appear to be showing some strength at this time. Higher lows on the RIS with a bullish candle on the 4 hour. I am optimistic for the next couple of hours. Dont just the gun of course but this is something significant to keep an eye on. After all we havent been seeing waterfall sell offs in a while.

Good Luck and God Speed Gents,

Mr.Manbearpig
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.