Bitcoin isn't done correcting yet

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
stochastic RSI suggests we are heading for the short-term floor, maybe even lower if we feel like going nuts. This time we'll push below $3K.

I'm not a financial/investment advisor. Trade at your own risk.
I don't bank big on predictions--I have orders on both sides--so this opinion will change as the chart changes.
Comment: slight adjustment to the lines:

Comment: doomy doom doom doom

Your "doomy doom doom" like is wrong. You're cutting off the green candle in the middle which shifts the line to the right still. So current D candle is still within the pattern. No need to force it that it's doom. Not saying that it could or could not still go down per your projection.
@ilfz, line*
@ilfz, my last update has the line moved to the right place. This is it zoomed in to the 4 hour--providing a buffer ceiling:
This China sell-off cr@p needs to stop
atomantic CRPTKNG
@CRPTKNG, keep it coming. buy the dips ;)
CRPTKNG atomantic
@atomantic, I left my last trading desk due to impulsiveness... But it seems Asia has thrown off the patters so much lately it is more difficult to predict, but the short term gains of even 1% feel like a victory
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out