ScottCarney

BitCoin 5-0 Complete w/ RSI Confirmation

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
5-0 patterns typically experience a retracement back to the 88.6% of the prior leg = pullbk to 2100.
RSI now confirmed@61.8% @ 2650.
Downtrend intact <2700.
Remember Bullish Bat @ 1900 still the next support target for a reversal more than reaction.
Scott Carney
http://www.HarmonicTrader.com
Founder

Comments

it means we will see it down finally?
Reply
@KeisyC, I think so too...
Reply
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