ltc-joe

Bitcoin inverse head and shoulders?

ltc-joe 업데이트됨   
BITSTAMP:BTCUSD   비트코인
and potential for a wider market reversal.

4h chart...50 MA has crossed the 100 MA which has in the past been a very strong buy signal. Note the sell volume on the head is less than on the left shoulder. Than it's even less on the right shoulder (assuming the lows hold). Confirmation on a break of the neckline as always (with some volume ).
코멘트:
Declining sell volume is a good sign...need to bounce here though.
코멘트:
Hidden bull divergence on the daily chart (Stock RSI)
코멘트:
At neckline resistance...anything is always possible but this should eventually break. To assume it won't is IMO some form of battered bull syndrome, tough to look at this objectively and not admit it's playing out beautifully.
코멘트:
1h chart showing bearish divergence on rsi...if we lose 7400 could get a nice pull back before higher.
코멘트:
Looks like a bull flag on the 2h chart
코멘트:
코멘트:
If you took profits on the bull flag target...this test of support on the 2h seems like it might be as good a time as any to reenter.
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