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fineregex

bitcoin pretty crash flag pennant

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Bitcoin (BITSTAMP:BTCUSD)  
fineregex Updated   
BITSTAMP:BTCUSD   Bitcoin
Beyond Technical Analysis Trend Analysis Chart Patterns Bitcoin (Cryptocurrency) BTCUSD BTCJPY BTCCNY BTCEUR Bitstamp poloniex
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beyondta trendanalysis chartpattern bitcoin btcusd btcjpy btccny btceur bitstamp poloniex
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for the moment mainly only wicks made it below the 0.236 resistance, denying to break it
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this may only be about minutes though. Previously barely reaching the 0.61 level leaves the downtrend well intact.
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or another little adam and even double bottom W, is it?
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attempting breakout. only breakout above the middle / 0.618 conventionally confirms the pattern
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snapshot
hold on! - better triangle!
dont trade the double bottom yet. Before the confirmation the chance may only be 20% in average. thepatternsite.com/aedb.html
Yet bitcoin crash may be pending and it may just not be worth it to risk trading any short term pattern in opposite direction at this high price
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be sure to check this update:
BITCOIN Bubble trend broken. confirmed twice (read description)
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time for the second flag pole?
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