NeoButane

BTCUSD - Repeating J hook pattern into bullish trend

BITFINEX:BTCUSD   Bitcoin
Uptrending now after bottoming out at $6,000.

Long over short positions have been steadily increasing on Bitfinex. Healthy dip after the continuation patterns to keep the RSI at a good level.

Currently in consolidation after meeting resistance and holding strong, out of the woods if BTCUSD can get a couple solid candles above $8500.

My published indicators: www.tradingview.com/u/NeoButane/

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.