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Drntrd
Mar 9, 2018 12:25 AM
Bitcoin nice Bounce
BITFINEX:BTCUSD
240
Bitcoin / Dollar
Bitfinex
Description
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Mar 9, 2018 12:25 AM
Daily close above 9300 iti nice bounce and hope going high
Chart Patterns
Comments
VanBenno
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Mar 9, 2018 12:44 AM
It would be very unusual, and rare, for any asset to bounce back up after completing a Double Top pattern...
This pattern indicates a very strong bearish reversal and a return to 6k. Possibly breaking through that as well if there is no support.
VanBenno
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Mar 9, 2018 12:56 AM
@VanBenno
, You even called it out as a Double Top. When has this pattern _ever_ resulted in an increase in price for _any_ asset?
More
This pattern indicates a very strong bearish reversal and a return to 6k. Possibly breaking through that as well if there is no support.