bmrm98

price and stoch in a wedge

bmrm98 Updated   
BITSTAMP:BTCUSD   Bitcoin
our most "bullish" scenario would involve the first retest (and based on the stoch, likely denial) of the 100. i think thats a definite possibility, usually when stocks sell bitcoin goes up a bit before coming down with them. a denial of the 100 would be a really strong indicator the bottom isnt in.
Comment:
we are either gonna break below or bounce back to the top over this next week and a half, imo.
Comment:
we caught the bottom trendline as support, maybe the test of 100 is coming soon.
Comment:
we broke below the bottom trendline, then retested and rejected. we are going to go lower.
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