hovhannes21
Short

unless it signals a trend change soon, its going down

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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3
94 1
its making LL and LH

* That High beginning of March was a Higher High but it couldnt make a Higher Low and it came crashing down, but at least it tried to break the downtrend. a few months ago i said long term, the bottom was in, i still believe that *Long Term the bottom is in (5,000-6,000) but remember. Indicators indicate, they dont dictate. so you make decisions based on the signs it gives you.


THE MOST IMPORTANT THING IS THAT RED RESISTANCE LINE, THE ONE GOING DOWN, IT TOUCHED 3 TIMES, IT NEEDS TO COME BREAK THAT TO CHANGE THE TREND
What would you interpret the volume as of now? Do you think it matters? Thank you.
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