This is the companion chart to my Long Term BitCoin chart and has detail short term targets. 2) Reverse Head And Shoulders with 3) OBV holding confirmed the previous signal on my first chart of the 1) Pendant's signal of resuming uptrend OBV signal showed good accumulation in a sideways while prices were slightly decending The first short term target was hit...
In this 4 hr chart. Bitcoin formed a triple bottom in a pendant at about 765 area on the BitStamp exchange. In addition the OBV is showing steady general accumulation. Break out should push it to test the 900 area for its first target, then the 968 for second target area. Decisive close below 765 negates this of course. This is the first time Ive used TradingView,
In this 4 hr chart. Bitcoin formed a triple bottom in a pendant at about 765 area on the BitStamp exchange. In addition the OBV is showing steady general accumulation. Break out should push it to test the 900 area for its first target, then the 968 for second target area. Decisive close below 765 negates this of course. This is the first time Ive used TradingView,