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Felix000
May 29, 2018 12:10 PM

#bitcoin did not touch my trend line but move is timely 

Bitcoin / DollarBitfinex

Description

I'm updating all my postings.

Comment

Can't ignore this move. Something definitely creating some excitement at last. Did some more research on my turquoise shaded zones (light blue) ideas other chart posting - see previous postings for understandings and both on daily and weekly was calculating a more accurate figure of buy zone between $7,159 and $6,867. If it works out I'll post how I worked these figures out.

Comment

Day has not ended so don't know yet how day bar will end. Could it reverse ?

Comment

Daily Stoch RSI based on past morphology suggests bottom may have been hit, but need confirmation like end of day, and to see some form of retest - need more time. I haven't done enough research to speculate on anything more on the day chart at this stage.
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