A quick update on bitcoin . Bitcoin seems to form an . See reference here: http://swing-trading-strategies.com/wp-c...
If you check the hourly you can see that the first dump was hard, the second one was soft. Alot of buyers can be spotted in the second dump - green candles - aka accumulation.
You can see that selling pressure diminishes. I think we are almost ready to pump again.
Please remmember that this is just an scenario. Do your own research. Humans make mistakes.
Breakout attempt 3
But for now.. lets see if it doesn't already breakout right now.
It's very common to atleast test our ascending triangle as support.
If im right, this should how and we should move up very soon.