GlenGoodman

BITCOIN (BTC) - bullish, bullish, bullish...bearish

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GlenGoodman Uppdaterad   
BITFINEX:BTCUSD   Bitcoin
Bitcoin's pattern is not clear. Anyone who says the April pattern is clear, is...well...wrong. These are the four main classical charting interpretations. I have a bullish bias because I think the upward-sloping bullish flag fits the pattern best. The bearish head and shoulders is sketchy, I don't find it altogether convincing...yet. It may develop further and become clearer, so I'm open to a change of heart. But for now, I remain long.
Trade stängt: Stopp nått:
Stop-loss triggered yesterday, just below the bottom line of the bullish flag (top left chart). I've taken my profits. Chart still doesn't look terrible, but the water's getting a bit too hot for me.

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