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Vatis
Aug 28, 2014 7:49 AM

Bitcoin Upward Movement (RSI) Update #1 Long

Bitcoin / U.S. dollarBitstamp

Description

Here you are. The RSI has tricked me and turned back under the red line. The triangle pattern has repeated itself before, so it is very probable path.
Comments
BTC_Daily.Pips
Hey, nice to see the familiar RSI triangle integrated here too :D I see you upgrade it even, nice chart overall. I think it is going to be pushed down again, 490-480 region probably at the bottom of your channel and RSI at the bottom somewhere of your yellow triangular.
Vatis
Thank you for your feedback :-) I am glad, that you like it.
BTC_Daily.Pips
Could you post a picture if you have still this graph if RSI went below the yellow triangular you drew? Cheers :)
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