RE: Bitcoin (BTC) Mid-Day Update: Two Patterns Point to Upside...which ones? Find out in this Blog!

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Bitcoin (BTC) Mid-Day Update: Two Patterns Point to Upside...which ones? Find out in this Blog!

in bitcoin •  7 years ago 

Hi Haejjin. First of all... Thank you so much for all the outstanding Tech Analyses you have shared with all of us. It's great of you to share your knowledge and expertise. In reply to your latest BTC post, I have the following question: What are your thoughts about the following pattern I discerned today - Screen Shot 2017-11-14 at 6.26.53 PM.png

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Your application of the bottom and top of the jaws are inconsistent, but the MACD confirms the upward trend that alligns with your top line.....landing at a similar number as haejin proposed here.