BITCOIN

in #bitcoin6 years ago

Screen Shot 2018-10-18 at 3.03.23 pm.png
Still waiting for the breakout directional move, possible descending triangle become symmetrical triangle again swinging up and down with 6720 high volume zone. One of the whale movement did some buy, probably gonna have a light rally shadow spike testing 6870 again doing double top before it can really come down. Still biased towards the downside.
Screen Shot 2018-10-18 at 3.02.28 pm.png

News: (Current) | (Upcoming) CBOE BITCOIN ETF, 7 Nov 2018 (may be extended again to 7 Feb or 7 Apr 2019)
| G20 FATF, Oct 2018
Short term moving average (day candle) : crossover uptrend
RSI : -
Network Value to Transactions Ratio : 193 (starting from dip from 200+)
Bitfinex Margin Long/Short Volume Ratio : 0.629 (dipping more bearish)
Depth Chart : (S) | (R) -
Weekly Timeframe : -

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keep hodling it :)

BTC to 4-5K, here we go!