RighteousTA

Bitcoin on four hour time frame

Short
RighteousTA Updated   
BITSTAMP:BTCUSD   Bitcoin
Hold the elevator! We're going down.

Looks like Bitcoin is finally going to break out of this sideways chop after 27 days. I don't believe the bears will get too far down but they look as though they're about to take control.
Comment:
Looks to be holding support.
Comment:
That was short lived. Looks like it's about to roll over again.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.