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Triple bottom suggests trend reversal for BTCUSD
Bitcoin
Long
Triple bottom suggests trend reversal for BTCUSD
By nulltxmark
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Jan 28, 2016
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Jan 28, 2016
Looking at the 2 week chart we can see a clear formation of a triple bottom. Such a pattern is used to predict the reversal of a prolonged downtrend.
This whole month has been full of volatility so we may see more movement soon. I am remaining positive that we may see upward movement soon.
Read more:
themerkle.com/coins/bitcoin-technical-analysis-12816/
Bitcoin (Cryptocurrency)
triplebottom
USD
Volatility
nulltxmark
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