it looks like Bitcoin has bottomed out on houly charts

It looks iike Bitcoin has bottomed on hourly charts with a first target of 18275 ...
under 16999 looks like a nice buying spot

 

Amazing work and detail there my friend!

You definitely did your due diligence.

 

On hourly. Okaayyy
it did bottom for hours at least

 

yes, but you can't trade the past can you ? I just happened to come across this when updating my charts ...

 

It looks to have stabilized on the daily too. I wouldn’t yet trust any rally for anything more than a quick swing, though.

 

It did stabilize above 17k also for several weeks.
I wouldn't buy below 21K but for day trading.

 

I covered my shorts when it broke 17K ...still think its going lower, just waiting for another opportunity,..if it decides to jump up and try to make a run - i will go long. I trade it but will never be a bag holder of anything. Have to see a range break to make the decision to short again or go the other way. I dont care what it does - just do something one way or the other

 

it seems like it's topping here on the 4H chart, that should gives us the opportunity to buy below 16876

 

first short as a daytrade of the 15M chart to get us till 16876

 

a bit too early with my daytrading short: the 4H hadn't put in a proper short. That will happen only at 23:00 CET