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BTCFailWhale
Jul 24, 2017 1:00 PM

VRC BTC 4H Poloniex 

Description

I'm still rather bullish on this Inverted H&S Idea thats printed out on the 4 Hour. The redline break out happened, and wic'd up closer to TP points. 20MA obviously yet again playing a major role as well. I can see a slight shake of the redline (left Shoulder to right) happening or currently in progress. Also note the 3 Day 4 Hour time bar between local wic highs, which would play out rather well with STOCH RSI on a 3D chart still below 20. 1W STOCH RSI is still turned down and also below 20 now. There has been a significant reset of the indicators, which has been a long time coming in my opinion.

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