BitCapJNY

POSSIBLE BULLISH SCENARIO

BITSTAMP:BTCUSD   Bitcoin
Hey guys..

in my previous post, I suggested I'm walking away from this for a little bit -but decided to take 70% of my bag offline and see if I can't flip the remaining tonight.

Here is what I'm looking at.

Eyes on MONEY FLOW, VOLUME, VWAP, RSI, and looking for momentum changes on the MACD..

If we fall to the downside of this BEARISH PATTERN (some say symmetrical triangle, some say Bearish Pennant) -we could be setting up for an INCREDIBLY BULLISH DOUBLE BOTTOM!

Bitcoin LOVES the DOUBLE BOTTOM reversal pattern..

Waiting to see PA develop a bit more, will be back with my strategy once I know more.

What are you guys n gals thinking? Are you seeing something different? Pls comment below -let's all put our brains together on this!

Also - If you're trading on BITMEX... WHY???? Please join the #BOYCOTTBITMEX movement. EFFFF those criminal pieces of sh!t.


Your favorite sh!t talker -BitCapJohnny :)

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