alaei

Bitcoin: Is it going to happen finally?

BITSTAMP:BTCUSD   Биткоин
If you have read my previous post (see the related link), you may already know that I was looking for a pattern for long, which could occur by the RSI downtrend breakout.

Now if you look at the 4H chart again, you can notice that we may be very close to this event. A tiny symmetric triangle in the price char, alongside with an inverted H&S pattern in the RSI, together can be signs of a possible bullish breakout in the near future.

Let's still wait and see if we are going to see the event!

I will be back in an updated post soon.

Good luck!
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