BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Well, downtrend line was tested 4 times and we have stuck now between this trendline and SMA 150 which can potentially change onto bullish flag which is possible, but there is some indicators that telling another story, like 1h RSI above 60 and not quite matching volume for this formation. Another possibility is inv H+S
As always, shorting on bitcoin is more risky than long so do you know what i'm sayin'?

Long

Check related idea
@Danmaz1337 Hi, thank you for the TA. How can we get the BV indicator? Thanks
Reply
Hi, thank you for the TA. How can we get the BV indicator? Thanks
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out