RotiWokeman

BTC USD testing the 235 MA support line.

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RotiWokeman Diupdate   
COINBASE:BTCUSD   Bitcoin
BTC has tested the 235 MA three times recently on the 343 time frame, already well below the 200 MA on the 343 min and 4h time frame. On the daily it has respected the 50 MA and the Ichimoku is still bullish. On the smaller time frame, however, I think it is testing to move lower to roughly 8600, plus the Ichimoku cloud has flipped to bearish. I also see that a day ago we had a bearish golden cross of the 50 MA and 200 MA on the 4h time frame. RSI is not oversold and I don't see strong signs for any bottoming out yet if we're using the Vix Fix to spot bottoms. TD sequential validates a continuation of the downtrend on the 4h and 343 min time frame, with a red 2 or 3 trading below a red 1.

Other traders have been keeping track of a head and shoulders pattern developing, as well as an ABC pattern that suggests that we have one more leg down before heading back into the stratosphere :D
Trade aktif:
www.aljazeera.com/ne...171228100718559.html

www.bloomberg.com/ne...ankruptcy-after-hack

twitter.com/tetherprinter

(keep an eye on them Tethers. I personally think Tether may have larger implications for Dash than BTC right now.)
Komentar:
I agree with this fellow.

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