wolfsong5663

Falling wedge on 15min time frame, bounce should occur soon

wolfsong5663 已更新   
BITFINEX:BTCUSD   比特币
Falling wedge is a bullish pattern. RSI for 5mins, 15mins and 1 hour are close to over sold.

Having said this, we have now lost the 4 hour higher low and the daily higher low. BTC mid term is not looking good at all.
评论:
We are still within the wedge. Hourly hammer pattern forming too. Short term target is 9700-9800 roughly. Then we will probably see another fall to below 9454 (current lower low on daily time frame) and begin weekly consolidation. We've had 4 green weeks in a row and I think some weekly consolidation this week will help us push higher during the 14 May week.
评论:
Hourly candlestick is more like a dragonfly doji than the hammer. Let's see if we can get a good bullish candle in the next hour.
评论:
We have broken out of the wedge. There's not much bull volume though, which is concerning.
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