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samadamsSAO
Jan 16, 2018 8:35 PM

BTC/USD Possible short term double bottom reversal Long

Bitcoin / U.S. dollarBitstamp

Description

Notice the second bottom is slightly lower with bullish divergence in RSI and MACD. Nice set up for a short term double bottom reversal.

Comment

Comments
ryanfarva
if this break out turns false good call.
samadamsSAO
@ryanfarva, looks like we're back on track, lets see if we hold this support
ryanfarva
@samadamsSAO, The market is a funny thing just keep in mind that is pretty good retracement for the down trend in general too.
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ryanfarva
samadamsSAO
wrong prediction. Going down. looking for daily rsi hitting oversold for true reversal opportunity
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