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kcis2
1 Th12 2017 22:54

BTC Bearish 

Bitcoin / U.S. dollarBitstamp

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2nd Publish. Still trying to figure out how to update with images so I can just update my last BTC post.
My last publish BTC held the secondary uptrend within the shortterm downtrend and broke above channel resistance to move higher. With a few adjustments to lines I believe you can see clearly on the longer term uptrend daily we are at the top of trendline. Not the top of the bull run but pullbacks are real in order to run higher.

I sold my BTC here waiting for reentry at bottom of uptrend channel. 7100-5600 BTC

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Possible double bottom coming.

Macd crossover, stoch rsi upward. support resistance shown.

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Double top sorry. Do not know how to edit yet.

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Getting closer to testing this double top.

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Channel is still holding headed towards potential double top.

Had to make a few small adjustments but overall trend is obvious. The move is taking a lot longer than I had originally thought. Failure to break out to new highs could see a correction down.

2sick

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Interesting selling coming in. Lets see how this plays out. ETH below 450 support. LTC holding pretty well at 98. BTC 10600

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kcis2
Better late than never ;)
kcis2


LTC BTC charts look very close. Here is LTC getting ready to test the highs for the double top. Get your popcorn ready.
kcis2
Updated LTC chart. Channel is holding. Possible double top here as well. Again taking longer than I had originally thought.
spacemonkeey
How to add images to previous posts:

On the chart screen, look for a camera icon on the bar at the bottom of the screen. This will generate an URL to the image, which you can then paste in the comments/updates box in your post.

Hope this helps!
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