Adam Eve pattern is often seen at the market bottom, here the classical formation of this pattern shows the market is quite bullish
Moreover, 3days golden cross played out which shows a strong uptrend, however, on the weekly side market has not touche the 21 day EMA which makes the possibility for the downside along with the gap remaining in CME futures.
Now...
Bitcoin repeating same patterns along whole summer and now at autumn, we moving in triangle (White) and direction of breakout will show us the way.
RSI and StochRSI are in overbought zones.
Hi guys!
Im back here..
i wanna update BTC
i'm only trading in BITMEX.com (www.bitmex.com) i found it usefull because we can Puts Shorts or Longs, depending our estimation...
from last week i made an idea of BTC.. btc changed and doesnt know the way where is going..
I find easy to say it has to go down much more.. but how much? when? now?.. do you think first...
Bitcoin is in a full bull mode since the resistance at 4550 (Bitfinex) has been broken. It has currently 51% cryptospace domaninace! TD setup favors the current rally. RSI and several other indicators are still not overbought on the daily chart. Several scenarios are possible shown as (blue, dark gray and light gray).
BTW almost all alts are bleeding, LTC and...
