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edward_Z
Jan 20, 2019 8:49 PM

Will Bitcoin (BTC) make a little bull run? 

Bitcoin / DollarBitfinex

Description

Simple TA, in 1st cercle we have a little support, can be a reversal or if it will break...it will be bad, another few percentages in bear + FOMO + manipulations + ... a lot more

2nd cercle is the Stochastic RSI with a twist in bullish mode, is in oversold zone with an upcoming cross

In the 3rd cercle is the classic RSI with almost oversold condition, and a curve/twist from bear to bull

If it's going up, the next target will be the previous support, or next fib zone, if not...who knows? :)

So...can Bitcoin respect the TA or like 90% of the time it will do anything else?

Cheers!
@zekis

Trade closed: target reached

Sure it can do a bull run, exactly to the resistance line
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