bitcoin 4 hour break down trend

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
60 7 1
bitcoin             broke 4 hour down trend and move to 570-580 zone
It only can be confirmed when it breaks for more than 1,5 days... but it didn't :(
julia17 Maddie
yes, i see, so hope 347-250 zone is bottom and then will try again to break the line
Maddie julia17
Hmm maybe you should consider you chart!
Your chart isn't in log scale this gives the chart maybe a less good looking few than it really is.
And the pink line can't be confirmed.... It hasn't three touch points with the chart....
julia17 Maddie
Here is weekly chart, may be it'll be more convinient to see level 347-350 and my idea it's may be bottom
Maddie julia17
This also isn't in log scale....
I can't read anything of this big picture... Daily in loge scale wil be better... Also take a look @ the resistance lines you drew..
julia17 Maddie
Thank you, Maddie
Maddie julia17
your welcome! :)
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