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TannerNicholas
May 9, 2018 4:04 AM

Postive Reversal? 

Bitcoin / Tether USDPoloniex

Description

We shall see.

Comment

Somehow my line to current rsi got deleted but you can see its more visible than on zscore. Watch for a bounce in the 9000-8800 supports. Will update when i activate a trade. Maybe I can catch a buy in the morning before my 8 am class!

Trade closed manually

Closed my trade at 9330 because of lack of volume. I think btc is trying to hit oversold on 4 hr before a stronger bounce. Fear and uncertainty about not being able to forcibly penetrate 10k is likely. Eth being a possible security has the market somewhat in fear overall.
Comments
OriONmed
Nice TA, so we can dip a little more, then long to 10k xD
TannerNicholas
@jdmandrade, Hopefully look for a bounce. People thought I was crazy when I said the opposite last time(11.7k in March). Meanwhile I have bought btc twice below 7k and spent/sold all over 11.5k... :)
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