Double Bottom Reversal To Start The Weekend!!

2018年6月22日

BTC continues to move in a sideways fashion. Yesterday we tried to break the 6800 resistance again - only to find ourselves this morning in the 6300 range.

The pattern that has emerged is called a double bottom. This means we are going to likely experience a reversal in short time and again test the 6800 level of resistance.

With weekend trading upon us - we are once again playing in the 6000s going into the weekend. 6800 keeps getting rejected - but perhaps we are in the final dip before the climb.

Everything indicates another build up to 6800 . Lets hope that the weekend crowd is able to get us through the 6800 threshhold if not the 7200. I know some patience is wearing thin!

2018年6月22日

註釋

It looks like the double bottom might be a little deeper than I thought.. It looks like it will match up with the bottom on the left side of the pattern closer to 6200.. If we dip below 6k - get ready to buy. Regardless we will test 6800 again and move on up to 7200.

2018年6月23日

註釋

That bottom obviously kept falling.. It will be interesting to see how the next day plays out. There are a few prices we could be retracing.. I could see a scenario in the 5800s but im not going to sell any coins to short.. At this point i'm buying every $100 it drops.. if your in it for the long haul and this makes you nervous - take a break for a few months - we've seen this show before..