TradingView
hopscotch
May 15, 2018 3:54 PM

Bitcoin below 20 Day MA Bullish Bat Long

Bitcoin Futures (Jun 2018)CME GLOBEX

Description

June Bitcoin fell through the 20 day MA. Expect further fall through pivot at 8565 and then onto S1 at 7320. Bullish Bat in play here.

Comment

Bitcoin showing further degradation. S1 still target.

Comment

Bitcoin S1 made, now in a bear flag. S2 at 6574 new target.

Comment

Bitcoin fell and hit target at S2, but believe it aint stopping here. Still have an S3 below this. RSI tapped out, so should see a bounce here.

Comment

Bitcoin pause just above S2. 6413.5 now becomes support. If breached, Bitcoin to 5367
More