Could the correction be over? This is just my humble opinion on the direction of BTC, and trade plan. This is not trade advice. The Bitcoin chart is starting to look Bullish. 1.) A reverse head and shoulders pattern seems to be forming. A break of the neckline will mean the trend is changing. 2.) BTC has broken out of it's downtrend on above average volume....
The USD has been weakening against the CHF the last few months. The USD/CHF pair has sold off on high volume since the end of December and broke through a support area around .97500 area. Price seems to be forming a bearish descending triangle pattern on the daily chart. I will be entering a short position once price breaks the bottom of the triangle pattern with...