millerb7

Temporary Upward Correction for BTC/USD

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
I believe we will see a couple days' correction for BTC upwards to possibly around $9.5 tops. After that we will most likely continue our bear trend we are currently in. You can see that we are currently pretty far off the Tenkan line on the 1d charts so we will want to consolidate back to that line.

You can also see that the Stoch is tell us that our RSI is out of momentum, so we need to get the RSI to go up some. That occurs by going flat or up on the price. I believe since we are so far off Tenkan that it will be up instead of flat movement.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out