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dtut
Jan 25, 2018 3:45 PM

Bitcoin simple trend lines.  Short

Bitcoin / DollarBitfinex

Description

Current triangle trend which (I believe, until it shows otherwise) will result in a continuation down to the 200 day moving average support line. From there I will re-evaluate based on the reaction.

I don't expect a reversal at tis point.

Comment

Attepted breakout reversal that didn't stick, continues to reinforce the current downtrend. If the MACD crosses in the next 24 hours i expect a sharp move down
Comments
dtut
Attepted breakout reversal that didn't stick, continues to reinforce the current downtrend. If the MACD crosses in the next 24 hours i expect a sharp move down.
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