kravenrob
Panjang

BTC easy bullish trend lines after the latest crash

BITFINEX:BTCUSD   Bitcoin / Dolar
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Just to keep it simple: yes the price dropped yesterday, after 3 RSI tops rejected, the previous bullish trend was clearly inverted to bearish .

I may be wrong, but now RSI looks bullish to me, the price is going up...
It seems that the bullish "trend" was just a momentum.

I was wrong...
Balas
rejection usually is 1:1 of the previous downtrend, should bounce around 8.4.
Balas
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