Three reasons supports BTC price drop Short

BITSTAMP:BTCUSD180

Bitcoin / U.S. dollarBitstamp

Description

⋅ Feb 27, 2018 6:05 PM

Three reasons supports BTC price drop

1: Fallen wedge
2: Fib resistance level 0.382
3: Descending trend line

Chart Patterns Trend Analysis

Comments

RaduV

⋅ Feb 27, 2018 6:13 PM

4 reasons why BTC CAN go bullish: 1. price above the bearish channel resistance 2. price above the SMA 50 line 3. SMA 50 line above SMA200 line 4. just formed an inverse H&S