Dojistar2017

BTCUSD; Double bottom?

BITFINEX:BTCUSD   Bitcoin
Hammers in every crypto, also in the biggest one. More interesting, this hammer was set against the previous bottom making it a candidate for a wide double bottom. For now however it has resulted in some sideways action.

With the Bollinger midline nearing (just below 6800 currently), one might see another test toward the lower 6000's. Bulls should try and hold here to keep chances of another rise.

Keep watching that BB midline; a close over it sees possibilities for some upside.
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