naserboss

BTC have to hit the oversold area in RSI for the second time

Long
naserboss Updated   
BITFINEX:BTCUSD   Bitcoin
Just like Before, BTCUSD will hit the oversold area in the RSI indicator for the second time. It will happen Before we are going to a accumulation phase. I have draw the trendlines as you can see and the most possible scenario is that BTC will make a lower low to 2600-2000 USD area around 16 April(Green rectangel area). The area is where all the trendlines meet , which indicate a strong support level.
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