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CryptoMagician34
Jan 22, 2018 2:08 PM

BTC USD Short Short

Bitcoin / DollarBitfinex

Description

Bear Flag in blue. Broke out, expect targets of 10k

Triangle Pattern in red/green. Expect Target of 8.5K

Comment

First target spot on 10 k :)

Comment

The blue line on the RSI belongs to the 1Day chart and follows the down trend since overselling in MID December. Its a when the RSI crosses or bears the line in any time interval, it provides reliable but or sell signals for swing trading. As well as support and resistance levels

Comment

Sorry correcttion, over bought in mid December
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