Looking good for Bitcoin
We are holding above $7200
If BTC can break $7400, then we will most likely have another leg up
Watch for:
- S is $7100 & R is $7350
- Testing .618 Fib
- Candle is above the Bolinger Bands
- Testing the rising wedge
- MACD sell signal crossed
- Stoch RSI is oversold
Overall:
I have confidence that bulls are still in control as long as they can hold above $7200
We are holding above $7200
If BTC can break $7400, then we will most likely have another leg up
Watch for:
- S is $7100 & R is $7350
- Testing .618 Fib
- Candle is above the Bolinger Bands
- Testing the rising wedge
- MACD sell signal crossed
- Stoch RSI is oversold
Overall:
I have confidence that bulls are still in control as long as they can hold above $7200