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hupseb

Bitcoin, Oversold Rectangle, Long term RSI, Support Zone

Long
Bitcoin (BITFINEX:BTCUSD)  
hupseb  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Support and Resistance Rectangle
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trendanalysis supportandresistance rectangle
I believe that there is a support zone, see transparent area between ~5600 and ~7100. Additionally, there is a clear rectangle movement. This could either point to a breakout or to a total kill of the bitcoin hype. Let's hope the first ;)

The green fat lines are in which I am long. The red fat lines are in which I am short.
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