RajMore

BTCUSD

RajMore Updated   
BITFINEX:BTCUSD   Bitcoin
Another possibility of double bottom,
strong support @5k,
almost oversold,
in 4 hours timeframe RSI is still bullish.
Need more volume
Trade active:
After touching major trend line, looks like it’s going towards 8k.
Trade active:

Falling wedge hasn’t been broken completely, still testing it. IMO, it’s going towards 8-8.5k. There’s high probability that it might jump from that area. Double bottom. We’ve found bottom imo. Hopefully uptrend would start once major resistance line gets broken.
Comment:
It’s still following the chart.
Comment:

Hidden bullish divergence, let’s see where it takes.
9.5k is still holding. Good support. Indicators are in favour. Fingers crossed *
Trade active:

If you noticed, BTC has not broken “the upper lower trend”, it’s retesting again and again, I’m sure this time major resistance is going to get broken.
Trade closed: target reached
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