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BitcoinMedusa
Apr 8, 2015 12:05 AM

Cardwell Style RSI / Breakdown to 55B w/ Pivot Short

Bitcoin / DollarBitfinex

Description

Cardwell Style RSI / Breakdown to 55B w/ Pivot. Hearing a few ways to approach this; (1) the short has been in play and exhaustion is setting in; and, (2) prepare for 253.01 which is your pivot. As for reading the Cardwell settings, all moving averages are taking the trade down. IMO. See my disclaimer on prior charts and issues dealing with TradingView and moderator ban hammers. The belief now is that my charts are meaningless. If you find them so, then vote with an un-follow of my stream. This will set out the truth of the matter for everyone Thank you.
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