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joshuajbouw
Mar 28, 2017 3:20 PM

BTC broke downward pitchfork Short

Bitcoin / Tether USDPoloniex

Description

I'm really loving pitchforks today! RSI is quite high, and it appears that BTC will now start making a short term drop. After which, it may bounce off of around $1024 or 950ish. and back out of the fork. You can see the green line I drew a week ago and how beautifully BTC bounced off of it, just as I predicted.

I will keep this posting as a short, because it is obvious, but watch for the bounce.

Comment

Didn't update left end of fork when I turned the scale to log. Whoops. Just pretend it is on the line.
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