$BTC Resistance line & cloud retest Short

Bitcoin / DollarBitfinex

Description

⋅ Dec 31, 2017 5:46 PM

Posting for my personal documentation to review in the future

Retest of trendline & cloud, breaking resistance resulting in a upward push above 20k

However I think retest fails and retrace back to around 9k

Chart Patterns Trend Analysis

Comments

bigdogg

⋅ Jan 1, 2018 11:37 AM

Back to 12k retest we go?

BengalT

⋅ Jan 1, 2018 1:53 PM

@bigdogg, I think so, then further drop to somewhere near 9k. It is BTC so it can turn and rocket up at any time. I think it goes down a bit more before rising to ath