Bitcoin (Double bottom reversal & inverse head and shoulders)

16 mar 2018

Bear flag formed expect to see Bitcoin to fall lower. RSI should return back down to oversold ready for a huge pump. MACD about to go back to the upward trend line and reverse. Inverse head and shoulders combined with double bottom reversal Bitcoin could see a pump straight into the $14,400 area. Resistance will be found however at the top of the downward channel and the neckline of the inverse head and shoulders.