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RSI shows a bullish divergence. Whales are accumulating. This thing is ready for a reversal
Bitcoin has been in a correction phase over the last few days and has not yet shown any signs of a trend reversal. RSI and stoch have yet to bottom out. The parabolic trend has been broken and so Bitcoin could be correcting back down to the 150D moving average. Strong support at around 9000. It could also correct down to the linear trend line at around 8600.
Head and shoulders forming, not enough volume to support uptrend. Small bearish divergence spotted on RSI. Expecting a retrace to the fib levels, where longs can be opened up with tight stops.
Possible long term entry for Golem GNT. Wait for a breakout out of the wedge with significant volume to buy in.
Chart is self explanatory, all you need to trade Bitcoin.