ffbrunoff

Pivot point for Bitcoin

BITSTAMP:BTCUSD   Bitcoin
Over the green arrow I'm bullish. Down the red i'm bearish.

Over the green, if there is volume following would indicate a break out of the head and shoulders pattern.
Down the red, if there is volume following, would indicate a continuation of the down trend. I found that very unlikely but at the same time very scary!

Any insights to add?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.