TradingView
CRInvestor
Mar 11, 2014 3:55 AM

1hr Stamp - At a crossroads 

Bitcoin / U.S. dollarBitstamp

Description

We are at a cross-roads. Higher time frame bull ab=cd still valid and working but literally caught between two OTE levels. To matters even more pressing, we are also in the very short term caught in a MA sandwich! Which way does she break from here - stay tuned to find out....

If my charts help you, or you use my indicators...
please consider a BTC donation to allow me to
continue my work :
1EBttA56cWsgtsZn83VGiNT8si7inZV5Z5

& follow me on Twitter @CRInvestor
Comments
flibbr
Yeah I thought the same on the huge double bottom... the price was weakened and bears have had 2 good attempts to knock this down and failed both times.. more interestingly they were weaker in their efforts on the second time which is usually a good little double bottom sign also I've found.

We shot up like a rocket after.. and since have been in limbo.. bears not wanting to risk another go down I think and bulls knowing that resistance up ahead is super strong.
More