BTC (Bitcoin) / USD - 01 June 2018

in bitcoin •  7 years ago  (edited)

Bitcoin at the apex of the triangle where the upper side of the triangle the downtrend line is. As I expected yesterday small retracement before the second attempt to break out the downtrend line happen. No changes today, my count and TA from yesterday still stay.

Read it here: BTC (Bitcoin) / USD - 31 May 2018

Let's see today if this push will hold or BTC will decide to retrace again before the next attempt to break out.

Screen Shot 2018-06-01 at 9.34.24.png

Daily RSI making fractal similarity. Most likely another retracement is expected before the next attempt for break out.

Screen Shot 2018-06-01 at 9.33.09.png

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Legal Disclaimer: This blog post and the materials in it are for informational purposes only. I'm not an financial advisor. This is only my opinion. It is not advice or recommendation to buy or sell according to provided information about the price movements and I am not liable for any pecuniary damages!

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