BitcoinUpdated BTC 13/2/2018 - Last Drop Before Bull Rally
The depression phase is over, the last bounce was quite optimistic and the worse FUD is over, positive news also coming in, so I think bears got what they wanted.
Daily StochRSI showing it's going down once more and then we are going into the new bluish channel, braking the old resistance channel. I don't believe it will go as far as 6k$, but around 6.3k$ and following the old trendline again, before sideways/slightly up again.
Daily StochRSI showing it's going down once more and then we are going into the new bluish channel, braking the old resistance channel. I don't believe it will go as far as 6k$, but around 6.3k$ and following the old trendline again, before sideways/slightly up again.
Note
Also, everytime daily closed below fib levels, it went down, so I think just looking at double top it created and closing under fib is good enough sign for going down.Trade closed manually
New Idea Published :)
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.