RSibayan

Bitcoin Appears To Have A Second Wind

شراء
RSibayan تم تحديثه   
COINBASE:BTCUSD   بتكوين
Bitcoin has now again formed a falling wedge (Bullish Bias) as it held good support at the $7.1K - $7.2K range (Blue Rectangle/Bar)

RSI has a Bullish Divergence

Initial Upside Breakout Target Price: $7467 @ the 61.8% Golden Fib Level
2nd Target Price: $7552 @ the 78.6%

Downside Breakout Target: $7038 @ the 61.8% Golden Fib Level


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>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<



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تعليق:
If support continues to hold, this give Bitcoin the opportunity to create another Higher High which could be a start of a mini parabolic run up.
تعليق:
Bitcoin may eventually form this inverse Adam & Eve pattern (Bullish Bias)
تعليق:
First order of business is to get out of the red box up into the green and eventually higher still and out of the green box.
تعليق:
BIG BREAKOUT COMING VERY SOON
تعليق:
Be Aware!
Stoch RSI momentum is still in a downward direction.
Bitcoin has the prerogative to either re-test support zone or not.
تعليق:
Update:
Bitcoin may still get another dip down to $7080

Or, breakout from the falling wedge and re-test support at $7165
تعليق:
Bitcoin is now Re-Testing Support
تعليق:
All I can say is... What A View!
تعليق:
Watching the 20 Period EMA, if price gets rejected then trend may continue downwards.
Price target: $6713
تعليق:
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