Channel bottom light bounce valid as mentioned from previous post, margin shorts still picking up. On 4hr chart, light bounce might continue to test resistance zone 3436. Possible mini slant W pattern which might breakout to test the resistance of the big triangle bottom which now become the resistance.
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Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :130
Total marketcap :113
Dominance :53.4
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
BITCOIN – channel bottom light bounce
January 29, 2019
Published by timm
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