mycotoxin

BTC - Tweezer top and a 9 on the 4 hour.

mycotoxin Aggiornato   
BITSTAMP:BTCUSD   Bitcoin
Tweezer top and a 9 on the 4 hour indicating possible short term reversal.
This 4 hour candle runs out in about 3 hours ,

if BTC is not past 9450 by then it can drop to 88xx or 83xx and then bounce higher
ill stop loss exit at 87xx
Commento:
Tweezer tops usually indicate a short term reversal before moving higher .
Also BTC has come back down to test the top of the ascending triangle .
This test sometimes occurs before the coin moves higher
BTC should bounce off the top of the triangle and not drop inside the triangle ( ie below 88xx ) if its moving higher,
Commento:
The tweezers top reversal is confirmed by the next candle not closing above the tweezers . in this case 9450

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