BTC - Small correction then Long

٤ أغسطس ٢٠١٩

I expect a correction to the downside. Targeting the green rectangle between the 0.5 and 0.382 Fibonacci levels, which coincides with the 200EMA, as well as previous resistance at $10155

RSI has now shown a lower high after being well into the overbought region. MACD crossed over indicating bearish divergence.