Accumulation and a W Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Dec 10, 2020 8:56 PM

Strong bullish accumulation on this pullback and we have a W bottom with a higher low.

Comments

ZoltanBalogh

⋅ Dec 11, 2020 11:03 AM

Still bullish?

TheChasm

⋅ Dec 11, 2020 10:37 PM

@ZoltanBalogh, No I am not. The momentum just changed bearish on my indicators and that lower low is not bullish.

TheChasm

⋅ Dec 11, 2020 10:41 PM

@TheChasm, I am thinking we might get at least one leg down now and an opportunity at some lower prices.

TheChasm

⋅ Dec 11, 2020 10:50 PM

Still bullish divergence on A/D
Its quite a battle at this level.

TheChasm

⋅ Dec 12, 2020 9:31 PM