TradingView
DrDovetail
Apr 29, 2019 12:09 AM

weekly close brings the weekly stochrsi on btc to the trendline 

Bitcoin / U.S. dollarBitstamp

Description

this trendline on the weekly stochrsi has been a valid line of both strong resistance and strong support since September 2016... .can it once again hold support and provide a momentum bounce for btc one more leg up? It's plausible but at this point more probable support will break and price action will fall back for a correction...this is one trendline to be keeping a very close eye on for sure the next 2 weeks.
Comments
CryptoEngineering
We will see how the month ends in 2 days. Good luck on your trade!



More