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Mar 26, 2018 5:48 AM

#2 - BTC 4hr Medium Term Harmonic Bat - 26th MAR Short

Bitcoin / DollarBitfinex

Description

Here we examine BTC on the 4hr Bitfinex Chart.

Showing a possible scenario based on:

• Falling volumes
• Bearish Divergence RSI
• Valid Harmonic Bat Pattern (3rd or fourth repetition of a similar Pattern since Sept/Oct 2017)
• Finding Support at the hard rising trend Line

One would expect a substantial bounce from this region, so maybe don't get greedy. Not Financial advice.

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