Was that it? The drop to $26k now invalid? Lets see.
Things look bullish on my end for at least February. I still like to see a weekly close above the 20 week moving average for 2 straight weeks.
But right now a bottom has formed. The week has closed with a support line created. This is a week after the candle was held by the 3 Multi Fib (pink line). The stochastic RSI oversold and price at the bottom of the Linear Regression. There are no lines or drawings done by myself, they are all mathematic equations.
There is a bounce coming and a massive move upward, but can it break the 20WMA?
Play it week by week. but February should be a green month.
This is how I view the charts and based on my opinion.
Things look bullish on my end for at least February. I still like to see a weekly close above the 20 week moving average for 2 straight weeks.
But right now a bottom has formed. The week has closed with a support line created. This is a week after the candle was held by the 3 Multi Fib (pink line). The stochastic RSI oversold and price at the bottom of the Linear Regression. There are no lines or drawings done by myself, they are all mathematic equations.
There is a bounce coming and a massive move upward, but can it break the 20WMA?
Play it week by week. but February should be a green month.
This is how I view the charts and based on my opinion.
