RE: [BTC] I am not convinced. Short term analysis.

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[BTC] I am not convinced. Short term analysis.

in btc •  7 years ago 

Good analysis. Not sure what to think of the last few days. Looks like it's trying to correct upwards. Bottoms of the last 3 mini humps have been higher than the one before it, which is positive. But on a wider view it looks to be still trending down. Very hard to say. I think caution is still prevalent.

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Even more then trying, looks like price was attempted to keep down, looks like we are about to have a 5th attempt to break that line (it's TD risk line btw, been made by the TD9 Sell 8 hours ago...