BITCOIN – swing zone, possible down channel

BITCOIN – swing zone, possible down channel
December 16 14:36 2018 Print This Article

On daily chart, yesterday day candle closed off doji around the triangle baseline. If today candle close off equal or higher than the close 2 days ago maybe a possible morning star pattern for a light bounce to the next slope resistance.

On 4hr chart, new low of 3215, follow by a light bounce hovering around this doubtful breakout zone. Possible down channel as test the resistance and selloff again.

 

News: (Current) | (Upcoming) CBOE BITCOIN ETF, 29 Dec 2018 (may be extended again to 27 Feb)

Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :
Total marketcap :
Dominance :
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :

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onepercentbetter
onepercentbetter

Daily Documentation of Bitcoin Analysis

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