A bearish Bitcoin scenario for the end of March

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
305 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.


P:S. Some related charts:

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