We have the chance of printing the first 8 on the TD sequential indicator on the daily today. With RSI showing bullish divergence on the daily, I am long. It makes the most sense to me, I expect a short term reversal soon to 11,400 as my target. With volume still declining, I like this position for a long. I think we go down to 8800 sometime, but maybe not just yet. Best of luck everyone.
Comment:
Look back at BTC history and printing 8s, it's usually a good time for a price reversal. We should see some pretty good up movement soon.