Cryptopile

Bitcoin...Bump and Run Reversal potential

COINBASE:BTCUSD   比特币/美元
Hi traders
Quick update on a post on the Bump and Run Reversal I posted a few days ago. As time progresses, it is progressing into one, and following my thoughts that the .75 mark will be the peak. As much as I am bullish medium and long term on BTC             , for the short term I am tending bearish .
The pink dotted line is the lead in trend line which is between 30-45 degrees. The Bump phase is the blue dotted line that lies between the 45 and 60 degrees and is approximately 50% greater than the lead in phase angle.
The distance from the lead trend to the peak on the bump phase is more that twice the peak line at the lead in phase - thus confirmation.
Volume is also following the trend, with a peak at the peak, and dropping of subsequently.
I would expect a drop back to the lead in trend line at the least - coincides with the 10,200 support line. If it breaks this support line, it will be down from here.
This is not trading advice, only for education.
Link fyi
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:bump_and_run_reversal_reversal
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出