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Acwood
Mar 12, 2018 5:19 PM
Back to the old Downtrend Resistance Line - DANG What Now?
BITFINEX:BTCUSD
240
Bitcoin / Dollar
Bitfinex
Description
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Mar 12, 2018 5:19 PM
So we are now comfortable below the 50,100 and 200 day moving averages RSI is dropping it seems. There is still low volume but the last time we touched this line The volume went ballistic.
So Down or Up?
Peace and prosperity 2U
Trend Analysis
Technical Indicators
Chart Patterns
Comments
SaeedKhan966
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Mar 12, 2018 5:22 PM
The last time we had double bottom, it went down, Then it went up,
So i am going with Down
Acwood
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Mar 12, 2018 5:28 PM
@diamondeye966, Yeah maybe some sideways indecisions before a clean breakthrough but I am banking lower also.
SaeedKhan966
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Mar 12, 2018 5:29 PM
@Acwood
, Yeah sideways as always :)
It gives us time to make a decision and then either 4%-8% profit or loss,
Acwood
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Mar 12, 2018 5:37 PM
@diamondeye966, yep yep
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So i am going with Down