ChartArt

A bearish Bitcoin scenario for the end of March

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
304 1 2
// UPDATE (March 30): The price dropped as expected after publishing the chart (zoom in to see it). But it dropped faster than I expected and bounced back also faster than I expected. This could now be the bottom.

I noticed this growing downtrend pattern in the chart which could play out in the next days if the first week of April starts bearish .

Indicators: DEMA (double exponential moving average ) and LazyBear Elliot Wave Oscillator(1) and Lazy Bear William %R multi-time frame(2), with my own custom setting.

(1)
Indicator: ElliotWave Oscillator [EWO]

(2) https://www.tradingview.com/market/lb-mtfpanes/

P:S. Some related charts:

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kumarz
2 years ago
i like how u compiled other analysts' charts here, thanks!
btw i'm more bearish seeing all this
+1 Reply
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