jjaskulowski

Some degree of downward movement imminent.

Short
BITSTAMP:BTCUSD   Bitcoin
Bounce of median of channel means weakness in this case.
Comment:
Investors decided too push price a bit higher. This might take form of H&S somewhere around the mean of the bigger channel and the very long term support (red line)
Comment:
Once again price is in lower half of channel and RSI show divergence.
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