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ChartrunnerMan
8 Th02 2018 20:05

Have we found the bottom in BTC?  

Bitcoin / DollarBitfinex

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Have we found the bottom in BTC? I would not buy until I see a break of the channel and a retest of the low. I would have to see a rejection of the lows twice before I can say the bear channel is over.

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Coming into my target Zone from Feb 8th.
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petrreo
I think the same, except, I would expect that it might still retest the lows within the confines of the channel. Assuming it would reject the low second time and still within the channel - it would create huge Bull flag. Or not?
(well on the second look, I see that You define two channels - one particularly narrower, the flag would be rather counted form the wider one ... so in that case, it is completely in sync with what you draw)
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