Toru
Long

Bitcoin to go long

BITSTAMP:BTCUSD   Bitcoin / Dollar
Bitcoin             has been heading bottom but not anymore. The pair is now showing the trend reversal and this video is to demonstrate that particular view through Bollinger Bands , simple trendline and harmonic patterns .

Attached is the YouTube URL.
https://youtu.be/CetSLuSKVFw
Thank you very much for your great video and professional chart. Hope you can post more and share more.
the price pattern of the past three months seems to be an transformed "adam and eve pattern" like this
snapshot

but the volume's still small, and the price breaches the long term support in log daily chart. seems sad.
such ambiguous, and what do you think.
I'm quite new to tecknical analysis by the way.
+1 Reply
Toru PRO nimbus
hi nimbus, Volume is one of the pictures and I myself look for the amount of transactions.
https://blockchain.info/charts/n-transactions

You can see stats that trends upward clearly. This chart tells me that people are accepting more and more.

Thanks!
Reply
price goes lower, seems to reach another bottom.
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Great video, very informative
+1 Reply
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