BITSTAMP:BTCEUR   Bitcoin / Euro
reg HaS pattern... hold or buy
Sry, didn't hat the time to. Its a typical head and shoulder pattern, as we see btc already entered the boxed area and even passed it a little bit and definitely finds support around 10500 EUR. Its not displayed in this chart but the RSI does not enter the under bought area that much anymore which means there will be no heavily falling prices anymore. From the stabilized position a sideways movement will follow before the will be a new direction to follow.
Balas
I'd also appreciate if you could explain the graph :)
Balas
Can you please explain this graph ?

Thank you for your time.
+2 Balas
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