Is Mean reversion operating ?
Updated
Information from chineese market seems to be absorbed by the market with the price droping dramatically twice.
During the last two days we observe a silent buy trend with aggregated volume clearly positive, nevertheless the highs look capped, but the lows keep going higher.
Symertric triangles indicated short bull trend in the coming hours, so i expect the price to go beyond 825 EUR/BTC
During the last two days we observe a silent buy trend with aggregated volume clearly positive, nevertheless the highs look capped, but the lows keep going higher.
Symertric triangles indicated short bull trend in the coming hours, so i expect the price to go beyond 825 EUR/BTC
Note
The maket have decided otherwise, & I was wrong on this very short terme expectation.I stopped my Long position making some small profites just before going to bed. So today, I will be closely observing
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