yomofoV

possible reversal in trend to the upside

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
50 2 1
the low of the week may have been put in already at 1905. the downside targets in the green boxes have been hit, so it's quite possible we've "bottomed" for the week.

1hr macd histo crossed and more importantly the macd line is now positive which indicates a primary uptrend. there is a threat of a 2hr             and 4hr macd line cross above 0.

if the macd line stays positive, ill wait for a negative histo cross to buy on a dip. (all my shorts have been closed)
yomofoV PRO
2 years ago
risk to reward is not good enough for me to short any more.
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tootyfrooty
2 years ago
Now you see it ;)
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