MtGoxFX

DOUBLE BOTTOM ZONE 17,600 to 18,900

Long
INDEX:BTCUSD   Bitcoin
There you go, I'm sticking my neck out & calling the bottom. Sure, we could always go lower (fukn Pena always says "ZERO!") but we "need" to hold above 13,870 because that's the SH from 2019.

The double bottom could become a falling wedge, but I'm leaning towards not. If it did, i would still expect to pivot higher than 13,870 (no overlapping wicks).

Different yellow trend lines from 69k for comparison. The solid suggests continuation higher to 29k before reversal.

Clause de non-responsabilité

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