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elitealpha
Nov 27, 2018 6:46 PM

Bitcoin 2 HR Update 

Bitcoin / United States DollarCoinbase

Description

You can call it the bottom, if you want. Yet people called 6k the bottom and looked what happened

If BTC cant hold around $3600 this week, then I see us dropping down a little more.
Of course alts are following.

I mentioned multiple times to be in FIAT and wait til confirmation of an uptrend or if we actually form a bottom.

Again nothing wrong with laddering down since BTC is below 4k and we havent seen that for a year.

Watch for:
- Test the .236 FIB and cant break it
- Forming a possible symmetrical triangle ( can go either way depending on volume, indicators, etc)
- Still in a downtrend (needs to break the resistance line
- OBV is really low
- Candle is below BB and many MA and EMA
Comments
GoranTosic
As you said multiple times to be in fiat ,so I did. Time to go back in the game!?
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