possible bullish scenario Long

BITFINEX:BTCUSD120

Bitcoin / DollarBitfinex

Description

⋅ Sep 25, 2017 4:27 AM

Following the same pattern from the last dip to 1800 we could see something similar play out.

Comment

⋅ Sep 28, 2017 4:08 AM

Chart is playing out nicely. It is testing that trendline now. We may see a dip and bounce off of 4k before heading back inside the channel.

Comment

⋅ Oct 8, 2017 9:25 PM

it's go time. Sloping up as predicted. BFX margin shorts are completely underwater and need to close else they will owe S2X coins.

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⋅ Nov 2, 2017 6:36 PM

nice. closed at top of the channel.

Comments

MiloszKaszynski

⋅ Sep 25, 2017 6:50 AM

Im not sure if it is possible for bitcoin to produce another bearish divergency on weekly chart.

snakeat3r

⋅ Sep 25, 2017 9:34 AM

@MiloszKaszynski, Yeah RSI on the weekly charts is kind of meaningless, we are on a bearish divergence since BTC hit 1K :)

I'm one of the crazy bullish guys, I think we completed wave 4 when we hit 3K and we are up for another bull run (wouldn't bet my house on it though, especially with all the FUD coming around)