BTC finding support on the 1:0.618 ABC projection.
4H RSI oversold for first time since early December collapse.
Should find some sort of bounce from here that will be reflected in many alts.
Not advice.
4H RSI oversold for first time since early December collapse.
Should find some sort of bounce from here that will be reflected in many alts.
Not advice.
Comment:
Finding support on the 200DMA again.
Comment:
Press play and see the wicked fakeout down to the trendline and through SOW in D support. This will have taken out plenty of stop losses and even more chance that the reversal will happen in this area. It is looking more likely that it will be a weak bounce, but some alts may bounce or moon in that time.
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