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Trader-Elisa
25 Feb 2018 pukul 15.00

BTC update 

Bitcoin / DollarBitfinex

Deskripsi

BTC quick update - drawn in the bullish falling wedge (note when I draw trends I sometimes cut the outliers) Also added the dotted line to the pitchfork which captures the wicks which are falling below the 61.8% fib of the large pitchfork. Wedge potentially takes us to 9k before breakout, but overall the red candles outweighing the green are making me nervous!

The 4 hour has both bullish divergence (from 23rd) and bullish hidden divergence (from 12th) on the RSI but that doesn't mean the price won't fall further before resuming upward.

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