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yourkardashian
Aug 23, 2019 10:50 PM

Confirmation points to 11,600 RSI leaves room for doubt Long

Bitcoin / U.S. dollarBitstamp

Description

After the bullish move, BTC confirms to the bulls it returns to 0.5 retracement. We should next see a brief correction down, then a swing up towards $11,600.

RSI indicates the correction. Fib indicates the bullish momentum. Trend line indicates direction. Overarching trend (3-6 month) indicates 11,600 resistance in the green box.

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