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Milky_Udders
Jan 19, 2020 2:09 PM
BTC downtrend channel
Short
BITFINEX:BTCUSD
1D
Bitcoin / Dollar
Bitfinex
Description
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Jan 19, 2020 2:09 PM
We are still inside a downtrend channel
RSI same as last year in behaviour
Must conquer MA200 to move ahead
I believe short first to test support then measured move up past MA200
Comment
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Feb 1, 2020 7:26 PM
COMMENT:
Bitcoin did indeed decline to 8300 and make a measured move up over 200 MA
See my former Bitcoin Descending Wedge Idea
Trend Analysis
Chart Patterns
Technical Indicators
BTCUSD
downtrend
Descending Channel
Comments
Winstar78
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Jan 20, 2020 1:44 PM
just made the same analysis.
astromaniak
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Jan 19, 2020 2:41 PM
I agree. I also have similar analysis.
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