magarto

BTCUSD - BTC.-e - Maybe a last low retest of triangle

BTCE:BTCUSD   None
2
IMO we are going to be sideways in the following days before retesting lows.
H4 shows that we are still in the downtrend triangle and bulls are exhausted. This representation in candles and indicators are the same as we had previusly (Mother, Infant pattern... so Baby is to come).

After this retesting we can go to up (700) or low (200s) so everything can happens but accoding to weekly charts, we should run for a new bubble up to 5000 in August-September... let's see
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.