TradingView
F0urL34f
Jul 13, 2019 11:24 PM

Catching A Floor? Long

Bitcoin / U.S. dollarBitstamp

Description

We saw a break below the 21 ema and the symetrical triangles underlying support did little to stop the bleed down to 11k. However, this curling downtrend is getting shallower and shallower as each bottom is placed. Usdt fud aside, I like what I'm seeing and could be quite the fake out for bears expecting a further retrace. Stochs are still in the bearish control zones but if this upmove continues we could see 1h, 2h, 3h and 4h stochs move to the upside coincidingly.
Comments
UnknownUnicorn788630
if u zoom out u can see bitcoin broke parabolic advance log and has formed a perfect H&s on the daily
More