On 4hr chart, been almost 10 days the margin short is lower than margin long but price isn’t heading anywhere upwards. Will the similar pattern repeat from 6400 drop to 3600 almost 50% decline (~3000pts move) happen again ?
On daily chart, need some oscillation up move before there’s room to head lower. Could be the start of the staircase pattern leg 1 and test towards low 3000s. Previous pattern of margin long > short last about 10 days before trigger, maybe we might see breakout soon in 1-2 days time.
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Short term moving average (day candle) :
RSI :
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BITCOIN – will the pattern repeat again
January 13, 2019
Published by timm
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