JMatTrang

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JMatTrang Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
A rare moment of inverse fisher action on the daily. Whole action could take maybe 2 weeks.

Expecting first bottom within 3 days, which won't be a buy signal yet. - See previous inverse fisher action.

Daily sell signal was 2700-2800, daily buy could be between 1900 - 2100.
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Drop materialized but took wayy longer than expected!

In the meantime, 1D iF plotted a consolidation zig-zag nothing: image.prntscr.com/im...UTSjq33NNFcJym0Q.png .. and started reaching bottom.

The bottom is not a signal and iF can stay near bottom for any amount of time :( buy signal is convincing bounce from the iF bottom and crossing -0.5
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